Lenders will not factor the DSCR ratio to qualify. 

If you already own it and it was a personal residence that you don't want to sell providing you live somewhere in the area, have an interest and understanding of your local rental laws and aren't in California (the laws) or Florida (the possibility of assessments) then self management is a possibility. 

(source)It also states this:  The following requirements must be met by taxpayers or RPEs to qualify for this safe harbor:*Separate books and records are maintained to reflect income and expenses for each rental real estate enterprise.

Hello DFW multifamily operators/investors,We are observing an increase in delinquency rates in DFW area, sometimes above 5%, for workforce housing even with strict qualifying criteria.   

(Although you can live in it for 2 years and rent it out for up to 3 years and still qualify under the 2 of 5 years rule.

You will need to qualify as "real estate professional to do so" Which simply put is spending 750 hours in a real property trade or business, and more time in that line of work then anything else.

You may be able to qualify with their financial record.

Investment Info:Single-family residence fix & flip investment.

The good thing with a lease option is you may be providing a option for someone to become a homeowner who otherwise would not qualify.

Indeed it Is near impossible to qualify as real estate pro here with a w2