Littleton is one of the few cities that don't have any restrictions and have told me they don't plan to enact any. 

There are talks of restricting the amount of STRs in the community, so stay diligent.

Rate is reasonable at first glance but yes rates are moving down and should continue to shop, get quoted, can be major changes day over day10% Down DSCR doesn't exist and has never existed to my knowledge so I wouldn't count on that15% down does exist and is rare, however as others have noted, usually it doesn't actually work since the restrictions, such as a high DSCR ratio or LTR only rent qualification (and high rate environment) never let the numbers work however as rates continue to fall we may finally be able to see some 85% LTV DSCR Deals actually pencil again!

Restricting certain elements you can advertise may not be good, but it is certainly not evil.Is the settlement good for sellers?

Example: the famous $2,500 de-minimis safe harbor for deducting expenses that are normally depreciated comes, among other restrictions, with an anti-abuse paragraph.

You mitigate risk with no restrictions(HOAs/covenants), debt service, climate concerns, and general accessibility.

As long as the property generates enough cash flow to service the debt, you qualify—without the need for personal income verification.This type of loan is ideal for those serious about growing their real estate portfolio, especially if you’re self-employed or have irregular income streams.Why DSCR Loans Matter for Real Estate InvestorsWhen it comes to real estate investing, traditional loans can often be restrictive, requiring personal income verification and imposing limits on the amount you can borrow.

Properties in areas undergoing revitalization are especially attractive for investors looking to buy low and achieve high nightly rates.Regulation-Friendly Market: Compared to many other large metros, Indianapolis has relatively relaxed short-term rental regulations, making it easier for property owners to get into the market without facing excessive restrictions or permitting hurdles.

As to restrict my access to the unit.

Investor Consequences: Restricted Cash Flow Growth: Investors may experience reduced income over time since rent increases are typically capped below market levels.