Than, get down at 20% mark and charge added premium of say 15%, but point is that down covers your cash outlay 100%+. now your monthly payments are based upon that higher sold price so even if conveyed at rate you have there is still a nice profit margin right there. 

I have no W-2 income and have been advised to consider DSCR no-ratio loans, but current rates are in the low 9% range, which seems high.

If cash flow is more your focus, consider multi-families in Dayton and Cleveland, where you can see cash flow rates of 10-18%.

However, the high-interest rates are significantly affecting my operational costs.

There's obviously more to the screening process and management than that, but our eviction rate in-house is 1 eviction for every 750 leases signed. 

My fee is 2.5% and I have not had any push back on that. 

Significance there is that Fannie and Freddie decided in March of 2022 that they were going to basically eliminate the 10% down option by adding high enough fees that lenders couldn't pass a fees test unless they were going to originate the loan at a loss. 

The deal I chose was somewhat at random, but also looking at price points and neighborhood ratings I thought would be good for a first investment.Below is my attempt to break down this deal. 

I'd suggest looking for one with low-no fees as you're getting started out.

Rates are high...that's the new normal.