Then the presenter (I believe it was Greg White CPA, on CCH), dropped this nugget, and I spent the next too many hours verifying it for myself. 

I think most investors are feeling the crunch of low inventory, higher prices, and high interest rates.

Obviously you want to pay attention to your interest rates, cost of appraisals, and fees for refinancing.

So your success rate is 0.1%. 

They will hit you on the interest rate and LTV.

Even today, I'm finding properties in a Class C town, with 15%-17% CAP rates.  

As for house-hacking an existing quad, only putting 5% down in this high interest rate environment will almost certainly mean you won't be "living for free" as is the point of house hacking.

Please note, based on the numbers provided you will not be cash flowing. 154k loan amount - 30Y fixed  4k in annual taxes & Insurance 7.75% Rate Monthly PITI Payment = $1,436.60Your estimated rental income is only 1k-1.4k per month.

Here's a bit more in detail about how rates are calculated for DSCR loans:1.

I guess my question is whether or not he dropped the ball here.