Our other 3 buildings (two duplexes, one 3 unit) are basically stabilized at this point so just continue to maintain them and build the reserves even larger from the cash flow they spit off.

Yes there are products that can up to 80% LTV for DSCR with 6 months reserves.

But that is far from the point of this post.) first they’ll confirm your $1,000/mo “market rent” isn’t a) BS or b) still too low.

Quote from @Connor Williams: Thanks for the confirmation everyone.

You can refinance it into a conventional loan and that helps avoid the higher down payment.FHA also offers more wiggle room when it comes to DTI debt to income ratios and reserves requirements. 

Wondering how you are handling reserves? 

Best call the town's rent control office and make a general inquiry to confirm. 

I need something simple that I could utilize today.Thanks you will not be able to get something today. in order to pull credit typically you must have a background check done on you and the company will also come visit your office and confirm you have specific security policies and procedures in place. 

Consider FHA loans for lower down payments and reserve for repairs or upgrades.

The same scenario occurred where we got a booking right away and thought the reservations were going to keep flowing, and then there was a "pause.