My understanding is that DSCR appraisals are on the basis of market rent and property value based on comps.

The truth is, about 99.5% of lenders who offer conventional mortgages in the US won't lend to someone who isn't based in the US, even if that person is a US citizen living abroad or works for a US company.

I recommend looking into areas near economic bases - close to Nationwide Children’s Hospital, Ohio State Campus, New Albany, etc.

Just not sure whether (and what if so) there are any impacts to the mortgage/insurance company I need to be aware of, etc....Allocation is generally done based on sf. 

Hi everyone, I am a long term investor based out of the Inland Empire.

@Sarah MazeIt seems like you sell the house based on the headache and the amount of equity can be deployed to continue growing your portfolio. 

Based on all of your suggestions I decided to simply advertise the unit as an anticipated vacancy and mention in the ad that I can only show the place starting 07/01 and that it is available to rent anytime after that.

I need to find an asset based lender that is willing to base financing on the income of the property.

Does the local knowledge and contact base in a flat market outweigh the possible gains to be had in a growing market?

NOI, and thus cap rate, feeds into how much of a down payment is required b/c it feeds into the "sizing" of the loan.Many asset classes, like apartments and offices, have less than ideal in place cap rates today, so you need 35% or 50% down to buy them (unlike a DTI-based home loan, your personal W2 income cannot be used to significantly offset).