What markets are you looking into? 

Like most markets, there is a growing trend in the area due to affordability and increasing more things to do. 

We purchased it off market, as-is, and as it was our personal home, we renovated over time.

They do have you approve different settings that prices your property at the 50th percentile of your market or 75th percentile etc.

@Rajesh Kasturi My favorite MTR market for cash flow AND appreciation is Portland, OR. 

In our market (New Orleans) cemetery tours are very popular. 

Are you proficient on market research and analysis?

Nonetheless, you can base the DSCR calculation on PadSplit rent (if there's a history of PadSplit income being produced) or short-mid-term market rent (an analysis done at the same time of appraisal).

There are a lot of affordable properties in Knoxville, but the growth isn't terribly vibrant and the deman isn't what you'd expect for a city of that size and that close to the Smokies - you're mostly looking at college rentals for the meat of the move season, and the SF market, while it exists, doesn't really compare to Chattanooga. 

So overall experience of your QI to work in a number of markets and locations is really the key.