Everyone should know how to calculate the worse case scenario and make an offer based on that.If there are good tenants with solid leases in place, in a great market and the seller won't budge, that's probably not a place for a super deal.  

Based on an appraised value of $255k and rent of $1,600, you're running VERY tight on a 1.0 DSCR at these interest rates.

Based off your first house hack, would you say that the deal you took was worth it in the end, maybe based off the experience or could you have found better? 

I'm a broker and property manager based in Tampa.

We went into this investment and ran our numbers based on a 4 bed/2 bath.

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You may consider looking in the far outer Denver area suburbs or if you're comfortable investing out of state (if you're Denver based), consider going that route. 

To get the underwriting based on solely a new appraisal, you'll need a ton of evidence - enough to convince an underwriter or risk officer who gets to make the call purely on internal company policy and not tied to conventional or govt published guidelines.All this being said, if you're already at a 1.0x with the current appraisal for the loan amount you want, going to 1.1x or 1.25x would only be marginally beneficial unless your lender wants 1.25x for some reason. 1.0x is generally enough to fund for most investors at or below 70-75% LTV.

He's based in FL but they lend nationally.

I've had several friends of mine pool their equity together in order to get their hat in the game.