As the others have said, a DSCR loan wont be pretty with your current credit, if you can get one at all.

At the same time, have the washing machine plumbed correctly so you wont have to deal with this headache in the future.You should then go through that house with a fine tooth comb to see if there is any other issues you haven't noticed.

for me I always tell folks right off the bat its 40 to 50% of your rent on a 1400 and under monthly rent will go to  expenses PM etc etc.. if you do better fine.. but to think that 30% or less is going to work it could happen but probably wont.. and then you have disappointment.

Most people wont get to this step, and if they lie you can catch it during screen (which the tenant pays for)4.)

Equity and retirement assets wont do anything for DTI unless youre retirement age, have a plan in place to create income via IRA distributions, and have a sufficient balance for the distributions to continue for at least three years. 

However,they have suffered damages more than once from bad weather, and it's not a very convenient location for non-retirees.

DSCR loans typically wont work for rehabs, either.

I am talking about more traditional real estate.. like when I am selling one of my new constructions they must have a pre qual from a lender I know and trust.. if not I wont sell it to them.  

Kevin this is great but marketing post room fill wont mean much so I wouldnt worry too much on it being perfect. 

All you have to do is make a compelling point for them, and having a broken property that they don't want to fix can be a reasonable one.Anyway, allow me to give you a couple of points to think about.Downtown LA has been suffering because of the working-from-home shift and the effects of the homeless.