I'm curious to know if I weighed too heavily on market conditions instead of the actual properties in the portfolio. 

@Sheifta Anwar Highly unlikely….banks know they get the best price by getting on the market and most banks are just servicing for the actual loan holders…and they have policies to put it on the market.

thanks January Johnson yes, actually 1 of our 2 quotes we received was from madison specs ... 

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

Lending software can be complex as if loan is a 30/369 vs actual/365 and late fees, accrued interest etc come into play it gets very technical and if it’s wrong it can be huge fines and violations.

I can tell you we spent all of last years earnings rehabbing properties this year, so if you're trying to replace your income make sure you're making a significant amount more than what your actual income is to offset unexpected expenses like a flood, or vacancies for extended periods of time.

Finally, while on rare occasions real property does change hands a an extreme discount to market value, in the vast majority of the time a buyer, especially one without much experience thinks they’ve stump;ed across the “deal of the century”, they’ve mispriced the actual value because of something not readily apparent hasn’t been considered.  

I'm looking to purchase my first STR for under $600K and I'd love to find something somewhere where I actually enjoy going for any repairs and maintenance.

If you're investing in real estate, it's better to really study it then actually go deeper, not wider, and keep it trim.

or actually allow pets to run inside the house?