If you're looking for local data in northern NV check out Address Income there is a rental map with hyper-local rents to use for your underwriting.

I also tapped into portfolio loans and private lending networks to secure more flexible financing options.I’d be happy to share more details on how I structured these financing strategies—especially ways to access funding without upfront capital or limitations on deal volume

I have  a W2 job and look forward to the losses this year to offset some of my income (Not my 'WHY' for running an STR, but a nice bonus).

@Ryan Dori lots of options besides DSCR. 1 Year income, Asset Depletion, Bank Statements, and P & L only loans. 

It assumes the property is Class A - which not a lot of investors are acquiring these days.Here's some copy & paste info about property classes:_____________________________________________________________________________Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Yes, it's secured and if you have to foreclose you can sell and recoup at least some of your investment.

for me it was income potential of earning commissions instead of salary.so at 18 I got my RE license.. and while it was a bit of a chore getting going as it is for most agents..

DSCR qualifies borrowers with rental income rather than personal income, so you don't need tax returns.

If you transfer it into an LLC after securing the HELOC, your lender could invoke the due-on-sale clause, meaning they could demand full repayment of the loan immediately.

Different DSCR lenders have different guidelines.More on DSCR loans: DSCR loans won't use your income to underwrite the loan.