Depending on what model I use, I obviously get a different DSCR.

Construction obviously varies but roughly you could use $150-250/SF, until you talk to a local contractor.

Appreciation is important, for obvious reasons, but also because appreciation helps pull rents higher.

Obviously, that would not be sustainable.

But obviously the main downside is giving up equity that would benefit your future wealth.

The salesman is obviously making money or he wouldn't sell insurance as a job.  

If any issues were to come up, you can easily call a vendor you trust to remedy the solution.Short term rentals are obviously more time intensive but even then they can be easy to manage.

Obviously there is a part of me that thinks this might be the case.

This would obviously be contingent on a thorough inspection.Asking price: 1075000Annual Rent: 139kVacancy reported: 5%Insurance: 5900Maintenance: 10kTaxes: 4kUtilities: 15,600_____________________________Total Expense: 35500working on financing this week but I understand I'd be at around 6.5%My biggest concern is DOM and major repairs needed. 

Obviously the laws in different places may vary but I suspect that is how it would play out in most places.