They also require annual licensing so be sure to include that in your operating costs. 

Or included.

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

Eufy is the brand and I ordered via Amazon.  

The application includes a background report and credit report.

Tell everyone and anyone that you are a furnished housing provider to get your name / brand out there.

Apparently, the contract I executed included a clause for PMI for the life of the loan.

@Tom ServerI think that the 203k is not a good fit for your scenario because you are buying the property with cash and the 203k is a mortgage loan that includes the purchase price + the rehab costs.

While seller financing offers numerous advantages, including tax benefits and continued income for heirs, it seems he's set on selling for cash.

Is that just the origination fee or does that include other items?