It's important to note that while these methods exist, they may not be suitable for every situation, and the feasibility can depend on factors such as the type of property, the seller's willingness, and your financial qualifications.

{Fun fact: we actually tried STR by the rooms and we cash flowed like crazy...but we didn't realize that we needed a permit and so we had to stop it} We did alot of pre-qualification work to make sure the prospective tenants are trustworthy...but you are never sure 100% anyways. 

Feel free to inquire about their staff qualifications if it's a larger organization.2.

Which of the above qualifications would you jettison?

DSCR Loans have no such limitsFlexible Qualification and Underwriting – Conventional Lenders are harshly limited in any flexibility on qualification, while Private Lenders can (and do frequently) make exceptions

I'd call the previous landlord, like we do any qualification to see what kind of tenant they are / were.

@David Orrick in my advertisement I post high level qualification criteria:Credit score XXXIncome 3X times rentTwo rental referencesNo previous evictions or landlord judgmentsNo felonsPet policyMove in expense includes first months rent of $XXXX and security deposit of $XXXXHere are the questions I ask when they call or message me:Do you meet the qualification criteria from my advertisement?

The qualification is going to consider your credit score, work history, verifiable income, debt to income ratio, and loan type.You're on the right track.

Hi Kieran,As most have mentioned, DSCR is a great way around the income qualification piece, but you couldn't live in the property, and the down payment requirements would be larger than you're looking for. 

Haven't seen too many DSCR qualifications allowing less than 1:1, and not even sure that's an avenue you'd want to explore given your "prime" conditions.Recommendation:- Continue your ideal position through the tough market stretch, allowing yourself to compete when the prime buyer's market returns.