Also worth noting...I don't know that I'd say DSCR rates are insane.

Once we determine the rental value, we aim for a monthly payment to the seller at approximately 50% of the market rate.

The rate is the same or slightly higher but comes with a $9K discount per house.

Can anyone tell me what the current market cap rates are for Class C multifamily properties in Government Hill and Denver Heights? 

So I could satisfy the mortgage company that it is a second home for the superior rates by exceeding 14 days, while still satisfying the IRS that it is an investment property.Are you guys getting investment loans or second home loans for your AirBNBs?

Very high interest rates, Easy times to find deals with conventional loans and hard times and recently the housing bubble / crash.  

Love the time in the market piece because you'll hear so many people who have never bought investment real estate ask why "you're buying when rates are so high" etc. 

Pack and move a whole house, move your kids to a new school, find just as nice place with a backyard for your dog? 

The percentage of people having actual deals among Big Dogs, is, in the best case, under 5%, probably 2% or less, and that could be considered their real success rate.

Her idea at present is going to be to purchase the house herself (using traditional financing - high interest rate) and make the payment affordable for the family's rent to cover by arranging the sale well below market value and putting up a down payment of 30+ % of her own money, resulting in a PITI of ~1500.