The other thing of course is location, location, location.In hot or saturated markets, it seems the hosts all add similar amenities, so then it becomes a battle on reviews, pricing, and location.A property in a great location (without all the amenities) can do just as well or better than a property with all the amenties but in a poorer location. 

A few months into the process they ghosted us and then when the owner resurfaced more than a month later she said she was no longer going to do PM.

They do qualify you based upon the cash flow of the property, but they have high origination fees, prepayment penalties and higher interest rates than conventional.  

I gather their property management and team are really top notch (which is the most important thing with OOS investing), so maybe the returns will still be good, despite the slightly less favorable rent/price ratio.What kind of rent to price ratio are you seeing?  

The location is superb and the price was perfect for the area, where there are a limited number of multifamily buildings.

Appreciate the content on here but I’m not motivated enough to scroll more than a hundred pages to see if a question has been asked already….just saying

Not like it'd be illegal to raise rent more than 5%. 

However, there are 2 conditions I require- I'd be limited to a DSCR loan since I don't have credit history in the USA yet.- I don't need a 7/6.

For one, they typically will not lower the contract price, they need to protect their comps, so the credit has to be used for closing costs, rate buy downs and "upgrades."

"Make sure your tenants have good credit scores."