The challenge we're facing is the lack of short term rental data for the appraiser, and we won't know if it will meet the debt service coverage ratio (DSCR) requirements until the appraisal is complete.Has anyone dealt with a similar situation?

Hi Kin,Three quick questions come to mind that would impact your situation.

To really give you good feedback on this, we’d need to know more about your goals and your current financial situation.

Quote from @Shiloh Lundahl: Hey @Marcus Auerbach and @Joe Villeneuve you both have great points.In my situation, I am in a market that has appreciated out of positive cash flow for the average investor.

Obviously, no one wants another 2008 situation, but I think easing up on the regulations a bit could be great for both investors and people buying homes.

My concern with declining values, increased inventory and a weaker economy would lower rental income and could potentially put me into a negative cash flow situation.

So, it isn't a lazy officer situation.

Once an LLC is in the situation, it is a whole new world. 

In this type of situation, they want low interest rate with low down payment also.

Always good to chat with a CPA or attorney to see what fits your situation!