I guess you would call me an "accidental landlord" as I was able to take advantage of our interest rate on our first home.

I am thinking if we bought it for my mom it would be with the understanding that we wont make anything on it until we resell it in a few years, looking at rent in the area it wouldnt cash flow if we were to rent anything out with the current rates.

I could only get 1 DSCR lender to do 1 of my SF properties due to the low ARV, the fees and interest rate are absolutely not worth it.Are you bundling properties together when refinancing? 

If you're comfortable with a smaller percentage for expenses, change this part of the calculation - just realize you're ratcheting up your risk exposure on the property.Divide the net operating income by the prevailing interest rate (5%?

There are less lenders who do this and the rate and fees will usually be higher. 

Here's a bit more in detail about how rates are calculated for DSCR loans:1.

What I do and in my lease I did month to month lease and the lease states the rent amount plus the water if the rent or water is not paid in full I can evict and late payment and all other fees is added because in the lease the water becomes the rent.

He says if I pay him full asking, he would provide me with the 20% down payment since we could avoid realtor fees, and make up the rest by paying full asking (he had it appraised), rather than accepting an offer under asking.

When the prospective tenant demanded a refund from TurboTenant, TurboTenant sent us an email saying if we didn't start paying a monthly fee in order to use our own application, they would terminate our account in 5 days.

As I would have to move in at least for a year to assume that rate.