Your argument is based on outdated assumptions and ignores the reality of today’s labor market.

Unlike Robert K and many on this site, I judge a property based on total return.  

View report*This link comes directly from our calculators, based on information input by the member who posted.

Hey Drew based on what you said about the inspection I would do an inspection contingency that would allow you to get the seller to cover some of the expenses through closing cost credits.

Based on my calculations, even with a low down payment, I can achieve positive cash flow (with aggressive enough house hacking).

If it is a contractor that is more organized they will likely do this already, if they are shooting from the hip "based on experience" they will likely just give you a total $ value. 

That is when they usually start to transition in to asset based options such as DSCR  For most, if the math is done correctly, the LO is licensed and know what they are doing , it is 10.

What is the $1,700/month based on, and which neighborhood is this?

$25k is only 4.16% of your new purchase price, heck of a deal.Thank you for your service and let me know if you want to talk any more details and run actual numbers based on your situation.

Some of the other lenders mentioned in this thread are more so private lenders / hard money lenders and while they may underwrite based on DSCR, I don't think it is the DSCR loan you are looking for.