Due to our affordable housing stock and fair quantity of inventory we have seen long distance investors burned.

In this current highly competitive market where spreads are already tight, one must do more quantity typically to make the money you may have been making several years ago when things were not as tight as they are now.In closing, the selection of the GC and the PM is of the greatest importance, even more so than getting a good deal at acquisition because these two team members can make or break your deal.

The income coming in is just not sufficient to service the debt with out putting a lot of money down but then that presents a huge problem because your capital is earning a lower and lower rate of return (w/ higher down pay).

I would pass on this one, rent ratio and purchase price are not sufficient enough.

(if you're getting paid 1099 perhaps you are, and if so you'll need 2 years of this activity to be considered on a conventional loan and by that we mean two years of continuous activity ATLEAST a minimum of 1 year of a tax return that shows sufficient income to qualify as such).Can you qualify for a DSCR loan even if you have the 20% down payment ?

If the receipts have the vendor name, contact info, items, it should be sufficient. 

On the other hand, you aren't going to have any issues financing a Chipotle or Starbucks as long as there is sufficient term remaining.

They will want to make sure they have sufficient collateral, cashflow, and guarantees.

You want each student who is party to the lease and who does not have sufficient credit history, income, or assets to qualify on their own, to have a guarantor (parent, grandparent, older sibling, etc).  

Are these limits sufficient?