You could grab something in the midwest, but that's a rough tenant pool and properties don't appreciate at the same rate as they do in the west. 

Qualifications typically center around whether the monthly rental income can at least break even (1.00 DSCR) with the monthly PITI.We would simply need to know the following information to determine eligibility, interest rate, and loan terms for DSCR financing:o Purchase or Refinanceo Property Addresso Monthly Rental incomeo Annual Taxeso Annual Insuranceo Estimated Credit ScoreThe documentation is relatively light as well, compared to a conventional loan underwritten to your personal income/taxes/debts.▪ Entity documents ▪ 2 months of bank statements ▪ Photo ID ▪ Lease agreement (refinance) ▪ Sales contract (purchase)

If business, ordinary rates + self-employment tax.

The properties all cash flow nicely and current interest rates range from 4.25-5.25%.

Since your owner occupied, lending is better.If you find a 5% interest rate, please let me know, I want in on that! 

Then every little claim means my rate climbs again.

What kind of CAP rates can I expect in these areas? 

Economists say a resurgence in mortgage rates and inflation could be softening sales at the start of what is traditionally real estate’s busiest season.

It's not looking good for rate cuts.

Debt restructurization is common when rate-sensitive project is hammered when there's change in rate especially with these massive volatility.Now what I see is project with 1.4 DSCR initially is becoming 0.80 DSCR after rate increases 400-500bps.