Combined, we were able to buy two triplexes within 2 years, investing 150K in them, something we couldn't do all by ourselves.

In parts of the world (US included) where there are homeless people and cheap land, this can help provide a solution.

I also listen to Mike Zuber author of one rental at a time talk about learning your market which is a course he has that includes a spreadsheet that tracks sales so you know what's a good/great deal in the area of the investment. 

Most of my investor friends including myself have stopped marketing in the Nashville core for rentals. 

I then include a letter from the lender indicating a pre-approval for the funds.This way the offer looks good (no extra contingencies), but is completely transparent with the financing details.

But since this was a new build, I was able to have the developer pay the closing costs, including some extra upgrades done on the property. 

Inflating AUM by including the whole of something your company only has a 10% investment in related to transactional services at the time of formation/acquisition is a material misrepresentation. 

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.

We have access to around $200k if we go all in not including investors if we could find them.

Regarding the default rates on credit cards, I'm not seeing it in the recent (not including current and last quarter) statistics.