@Alan Lacey so if someone had no job they would still be approved for any cashflowing property that brought their DTI up to sufficient ratios? 

Just like buy and hold an SFR  is vastly different than syndicating a 200 unit apartment. 

Many lenders, including my group, offer a DSCR product to refinance on the back end as well.Before taking out a loan for a BRRRR project be sure to calculate all carrying costs (taxes, insurance, utilities, HOA, loan interest, etc.) to ensure (i) you have sufficient cash to cover monthly payments for at least the duration of the project and (ii) your estimated rent after repairs is at least 1.10x PITI (monthly refinance loan payment principal and interest, taxes and insurance).We have a proprietary BRRRR cash flow calculator tool that we share with our clients to help reliably assess costs and returns for these types of projects.

Every market is a bit different, but sticking to what you would be desiring as a guest is more certain to hit than going based strictly off value.I find it ironic how vast the differences are between STR and LTR. 

The vast majority of lawsuits against Landlords are for wrongful eviction, security deposit disputes, and Fair Housing Violations.

For Regulation D, Rule 506(c) Offerings - self-certification is not usually sufficient as the Issuer of the Securities (sponsor or manager of the offering) has to be "reasonably assured" that you are Accredited.

I don't have enough details to opine on the rate/terms being good/bad, but it's not vastly outside the ballpark.For option 2, why are you assuming you'd have to wait 6-9 months? 

The problem as far as I can tell is that new construction vastly outpaced rental demand. 

Always think it is extremely important to note that Cap Rate does not drive value on Single Family Rentals since NOI is not the factor for the vast majority of the market - only really relevant for Multifamily and Commercial (BP audience is generally skewed towards residential not commercial investing)

Unfortunately, the vast of them have houses and other buildings or improvements on them so I can't compare the public records.