Yes first-time buyer DSCR is actually fairly common, especially here in Southern MI. 

I think it will add more competition to the rental market and the buyer market specifically up in N Phoenix, Deer Valley, Desert Ridge, and then up into Anthem - but will bring up value throughout the county. 

@Casey GrahamAggregating 100 doors in a growing market could create significant value for an institutional buyer.

I'll be offering a 3% commission for an agent to bring me a buyer for this build.

Proceed with caution—Buyer Beware!

These are done between the buyer (you) and Seller.The situation that is most common to find these properties are in a foreclosure proceeding, or pre-foreclosure. 

It had multiple offers the day it was listed (like everywhere) but now the financing of the buyer is falling through. 

In this scenario it is very tricky depending on the end buyers finances if you are looking to sell it to an "end buyer" and not an investor. 2.

Initially, I had listed it and found a buyer, but the deal fell through when the buyer had to back out.

It feels like the focus has shifted from creating value to chasing quick payouts, with little regard for the end buyer.