Based on the cursory reading of your post seems like we might be able to help your client.

If you're interested, I'm more than willing to share more about how to navigate this path based on the successful experiences of other investors.

You'll put 20-30% down, depending what the bank requires, you have some for closing costs, and perhaps a bit for fixup (not a fixer-upper home...but no property arrives perfect).  

If you are looking to buy based on NOI (the income stream) then you should educate yourself about cap rates.  

Line drive base hots not strikeouts swinging for the grand slam. 

With that loan product, they will not be looking at your DTI or work experience and will qualify the property based on the DSCR (Debt Service Coverage Ratio), which is a measure of the property's cash flow.

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

The appraiser determines the value based on comparable properties (comps) in the area.

While I would love to pay less, based on my discussion with them and what they provide, I was comfortable with that.

Based on what I see - I'm not looking to do STR in the High Desert right now.