DSCR is for when you can't qualify on your own and want the rent to be the collateral (in very general terms) and when you are house hacking, you want the low money down.

and are guests mostly short term or mid term? 

Ideally short or long term rentals.

It really is a different animal than either long term or short term rentals so it's best to seek advice from others with experience in this niche.

I’m about 4 years from retirement and regretting not venturing into this world sooner.I’m currently going back and forth on whether to focus on short term rentals in Florida (Destin, PCB) or long-term single family homes in the Birmingham, Al area.

There was so much appreciation during the pandemic that it will take years to settle back in line with long term trends.

This is one we just got entitled for 35 door and its in an opportunity zone so it has some great long term tax benefits. new 35 door townhome community possible BTR 

After speaking to a financial advisor at Sparkasse, it appears that you are locked into the terms of the mortgage and cannot sell without penalty.

Are you saying the warehouse pre-paid their rent for 18 months and you agreed to let the Seller keep it all? 

I am interested in owning long term rentals.