Maintaining adequate capital reserves at all times is important too ... anything above and beyond that gets reinvested.

I have 3 multi-families in one LLC and feel adequately protected.  

If you don't have adequate reserves you will always be behind.IMO, you need to save more money. 

They should only take on clients they can adequately give proper time to.

We all need a risk meter, but dont let it rule your decisions especially without adequate information. 

A lot of DSCR lenders will ask for your tax returns, will check your credit score, will want to see that you have adequate reserves for a property, and will want to know how much experience you have and how many rentals you own.They are not "no doc" loans.  

In these neighborhoods, provided rental demand and landlord tenant law are favorable, you have an adequate pool of tenants to choose from, and the property can perform near " pro-forma"with a quality property management company.

I know that this market is currently great for this strategy, and hope to find a property that adequately cash flows.

Either recession or no recession, most RE riskiest investment from top to bottom:a) > 80% LTV, epecially with I/O only or too short-term ARM and need to be refinanced within a few years from 2022b) 50-75% LTVc)  <50% LTVd) those who doesn't have adequate reserves.In any good/bad time scenario, it's prudent to have at very least 25-30% LTV. 

@Gervon Thompson house hack but make sure you keep  adequate reserves.