I see the advantages with DSCR… in that unlike conventional mortgages which have a 10 property cap, and it becomes exponentially harder to purchase each time… DSCR allows you to build a portfolio. 

How can I get an FHA Loan for an auctioned home when FHA Loan requires an inspector to come check out the building and auctioned homes generally don't allow for people to inspect the house until after purchase? 

I am considering investing in Orlando so I need to build a team there.

I'm a real estate agent, investor and developer in central Houston (i build duplexes).

I'm new to real estate investing, and I'm seeking to learn and start investing for income generation and wealth building.

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.

To start you may have to do everything but eventually you will want to build a business not a job that relies on your physical labor.  

Get rid of debt, build a budget, and save.

Perhaps hire a property manager to handle the phone calls and factor in the (depreciable) window, kitchen, HVAC costs?

However, this difference in rents doesn't factor in that two-story homes on average tend to be larger than one-story homes.My data source isn't super precise showing rent-to-sqft ratios, only rounding to whole dollars.