It offers a strong balance of cash flow potential and appreciation.

Bob is right that you can get better cash flow on the east side, but I still see deals pop up over there from time to time and I don't see any rapid depreciation in those neighborhoods coming any time soon and I think if your strategy is to buy and hold in nicer areas with less risk, it's a very good area to target.

We are able to raise our offer amount with a seller carry structure and that is what we use to convince them.

Any tips if I need 10k to purchase cash or suggestions for loans?

What initially drew me into DSCR was being able just to show the "W2", "income amount coming" and as long as the rent comps were in positively cash flowing everything was good, and not having to ping my credit. 

Purchase price: $95,000 Cash invested: $30,000 Sale price: $173,000 Before moving in we had to remediate some mold in the basement.

The software interface isn't terribly efficient, but it performs its functions just fine)That said, I think there are some locks that have a wifi function and no fee, BUT they require interfacing with a smart hub - and the cost of setting that up combined with the amount of tech knowledge needed/potential for things to go wrong made me give them a pass.  

I have evaluated it to be able to cash flow as a STR with the lender special rate, even with a conservative 48% occupancy. 

Purchase price: $120,000 Cash invested: $120,000 Sale price: $349,000 Nice mid century bungalow conversion to 4 bedroom 2 bath

Loan amount is low enough but be prepared for higher rate and sometimes pay a flat fee for the loan.