A few bank statements don't give you enough information to determine what their business expenses are.

Factor in ALL expenses like property taxes, insurance, repairs, maintenance, vacancy rates, and potential property management fees.2.

just asking to try to help, because (1) BRRRR is very tough right now, and (2) it sounds like you're going for 100% financing, which just makes it more expensive.

The trade off that republicans made were to extend business benefits mainly R&D expensing and bonus depreciation. 

We live in Los Angeles county but buying anything here is crazy expensive and rent control limits any ability to profit anything. 

  $40 - $50k each would be a low annual average. 

This criteria is for 1-4 and 5-8 unit programs.I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

If you are referring to hard money lenders as the larger companies like Kiavi and Toorak then yes private lenders are more flexible, but they may or may not be more cost effective.For example we do some private lending and we are absolutely more flexible than some of the HML's but we are not more cost effective, we are more expensive.

But my challenge is,  from my research so far I am not seeing any properties that make sense or are close to hospitals, or are very expensive if there are any.

is it more expensive being 4 tenants?