Yes, there are ITIN DSCR lenders out here for $100K and up DSCR loans.More info on DSCR loans:DSCR loans won't use your income to underwrite the loan.

If you are trying to convert a property under and hoa into an str, your job gets even more complicated as the HOA itself may have its own regulations IF it even accepts it at all.caution: STR market is over saturated in these parts and some of them are shuting down and being converted into corporate housing, mid term rentals, or furnished long term rentals.

Fortunately, you can get creative to increase the income.

Both units are rented out at this time, for a total rental income of $3,600 per month. 

It is a block-by-block city for sure where the income disparity can be huge within just two blocks.We have investors with about 40-50 deals, many of them BRRRRs in the Philly area, since the pandemic.

I have 3 evictions 2 from the same company in 2016/that was bought out by a realtor from California, that didn't care we had lived there 4 years with no issues until rent hike.Now I have the new Mainstream Section 811 voucher for disabled low-income families.

A professional company costs more but they will do a better job of protecting your property, income, time, and sanity.Here's my generic guide for finding a PM.Start by going to www.narpm.org to search their directory of managers.

then offset your mortgage with the rental income from your tenants?

Don't forget income is actually can rise faster than the rent.

On the other hand, Option 2 with the BRRRR strategy entails owning a single property outright, building long-term equity, and potentially cashing out through renovations, but it's a slower ride, relying on successful renovations and favorable refinancing options, and you're starting with just one property, which may limit your income potential.