@Jay Hinrichs I really appreciate all the longterm perspective shared, learning a lot from you. 

Hi Wilson Lau, Thanks for the information and your perspective.

4) If yes to #3, then may I have the link for such a information from a Limited Partner (investor) perspective?

Everything is about DSCR from a banks perspective nowadays. 

I think the market has shifted in most areas, and "too much cash flow" isn't really a concern anywhere with interest rates where they are, whether in Alabama or California. 

My gut says I need to cut off of this deal,  but curious to get your perspective.

I appreciate the perspective.

Hello, I'm looking for any perspective as I have no real estate experience.

While I agree the rent by the room strategy can be great if you know how to manage it well, from a lending perspective, a lot of 30 year DSCR note buyers won't allow properties with individual room leases, so it could make refinancing more challenging. 

If you talk to someone like the folks at Wren Insurance Agency (from what I read in the Wall Street Journal), you’ll find they’ve been adapting to the shifting market conditions with some interesting coverage options.