That way "if" something goes wrong, you are productive and can take the proper steps to evict or collect back rent.

With little to no income, there are loan products called "DSCR" available that doesn't require you to have a personal income but down payment requirements are usually 20%+ down.

Our approach has always been to provide a high-quality product slightly below the top of any specific market for rent. 

Only that your intent must be to hold for productive use. 

They get a better run company providing a higher quality product and service.  

You can still qualify for non-QM products but it is something to factor in to your timeline and plan. 

Some providers take the approach that a furnace or water heater with several years of expected life shouldn't be replaced in the rehab, but that the final product should be priced accordingly.

DSCR, and then on the big three metrics (FICO, DSCR, LTV) - That being said, rates are in the high 6s to low 8s range for these types of properties currently in the DSCR product

The 10% down I get clients is a portfolio product.

Debt is getting more complicated and loan products more obscure.