It seems from my experience so far with most lenders ,they will roll back in depreciation expense to find loan eligible income but that is it. 

DSCR loans can be expensive because of points, etc.

If your strategy is pure cash flow then you'll need to look at less expensive properties which might be in a different market.

Start depositing all of the rent into that account while paying expenses for that property out of that account.

Consider factors such as rental income potential, expenses, vacancy rates, and potential for appreciation.- Negotiate and Close: When you find a property that aligns with your investment goals, work with your agent to negotiate the best possible deal.By following these steps and staying proactive in yoursearch, you'll be well on your way to finding your first investment property inHuntsville, AL.

Cheap House = Expensive HeadachesWhy buy 5 units in what sounds like a D class area when you can make the same cashflow with 1.5 units in a safer area with quality tenants.

If that is the case, then the mortgage company likely got paid out by HUD and they're not in a rush to unload it. 

You can still do renovations and make it a beautiful home to live in but having a renter you'd have your mortgage partially (or completely) paid for.

My sister owns 17 SFH as well as an expensive personal residence in a different nearby town.

My goal is to at least match my current monthly expense of $3k (After all units are rented) while aiming for long-term appreciation.