Do your sensitivity analysis to see how far the occupancy can dip before the DSCR goes below that benchmark.  

A hard money lender gave me this quote and Im trying to figure if its a good deal also, its on a 2 fam building in upstate Ny, if anyone can give advice please respond to me publically so other people can lean as i am. thank you. im going to try to post this on other threads because its time sensitive Loan Amount: Total loan amount of $63,750 or 65% of After Repair Value, whichever is less (Subject to appraisal, inspection, applicant interview and additional underwriting.

(Sorry my sensitive side showing)Next step get the house under contract with him so it does not go into dispute if something happens to him before the deal is closed.  

They are early in careers and not making high salary, so price sensitivity generally is an issue, rents go up too much they can and do leave for other buildings or other markets.Our projects are now entirely out of the millennial markets, serving a totally different population.If you are seeking to hold long term, or are attempting to build to a different demographic, then that should inform your unit mix. 

I almost sent a note afterward thanking the listing agent for offering only 2%, since it helped us get a better deal.....but I restrained myself.

I can't go into details as it is a sensitive matter atm.

I appreciate your sensitivity, and I couldn't agree more.

The applicant pays the fee for the credit check and background check, you also don’t see any of the sensitive information.

Some places are sensitive to fluctuations due to local circumstances. 

That business model works well for more static assets (private placements) but is not generally best for investments that are more time-sensitive in nature or involve a lot of transactions (rental real estate, tax liens, etc).There are a smaller number of firms that provide plans offering checkbook control.