I think most likely we will get a home buyer because with the current rates it would be much harder to make profit. 

Keep an eye on rates as if rates fall you can renogotiate the rate if interest rates fall enough. 

DSCR only requires that the rents be equal to or greater than the PITI payment or the ITI payment if you go I/O interest only.You can use DSCR for a cash out refinance, Purchase and even a "Rate and term" which is when you want a lower rate or get out of a HML - Hard Money Loan, Balloon payment, Adjustable rate getting ready to expire/adjust (Recast).

Would you rather pay a highrt monthly PM rate and have no added on fees?

Hey Andrew, conventional loans offer lower interest rates but they require 20% down payment.

I need to research all 4 and compare fees, interest rates, and tax benefits. 

Mostly hype and VERY little substance, I was quite disappointed to find their rates and terms are a lot worse than what I already accomplish as a money broker. 

Seems that inventory is very low, property prices and interest rates are very high.  

We have some contact here in Canada who have closed on 100+ unit multifamily deals in the Texas region.We are focused on 75-200 units, class B+, with 7% go-in cap rate.

A year in I completed a refi on 470k of the original loan.....between high balances and lots of inquires the best rate I could get was 8.75