It sounds like it's not in a very desirable area, based on the price and rents.

Hey all, I purchased a long term rental in Houston.

I bought a small commercial property in LA County.

Hey everyone,
I'm a foreign investor looking to break into the Pittsburgh real estate market. My goal is to close my first deal by the end of 2024 and start the BRRRR strategy.
My strategy is to focus on single-fami...

If there are any anomalies that occur which require more expensive repairs then that ratio can and will be higher, especially in your first year or 2 of owning a property as you work to get things stabilized. 

The BRRRR method and house flipping are both fantastic strategies, especially if you're resourceful and willing to put in the work.If you’re working with limited capital, partnering with others or exploring creative financing options like private money lenders or seller financing might be worth considering.

The paperwork isn't too bad, at least here in Texas.

If utilities are present, the property is worth what other bare land properties in the area are worth.

The only reason they want one is so they can dump stuff down the sink that should go in the garbage. 

Do the lenders that you use for the DSCR 30 year loan product require a lease to be in place before the loan funds?