You'll probably have to go into a secondary market with a higher interest rate. 4.

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

Market is so constrained that it would have to be some horror movie type stuff to justify that kind of discount, and even then someone would still take it for 1/3 of that discount (at worst) nowadays

I just thought it would be great if there was a list of tenants that are qualified that I can reach out to, and I would even offer some discount to them to entice qualified tenants.This would be in addition to the usual zillow and facebook postings I have listed.

My wife and I purchased our first property two years ago in Salt Lake City for a good rate at 4.29%. 

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).

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

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.