There is no way to do a no money down deal either way.

It is possible to get a no-prepayment penalty DSCR penalty however,  DSCR loans price better usually starting at a 3 year prepayment penalty.Yes you can always refinance usually depending on seasoning period and lender guidelines

Get your checkbook out and pay, or your renter may leave, and the rental price you will get for a no AC house might make you upside down in mortgage payments, and draw less stable renters.If it takes two months to get the house re-rented, you will have to continue making mortgage, insurance and tax payments, with no rental income to offset.As has been said before, above, a temporary (few days) instal of window A/C's in the sleeping rooms would be appropriat, until the A/C is repared.Many A/C's freeze up into an ice block on the part inside the furnace and can be fixed with a few days of letting them melt.Other times it's just a big capacitor on the outside part.In both instances an unscrupulas tech may tell you the whole unit needs replacing (relying on the publics ignorace of how the system works).

I have drafted a No Smoking Policy in the form of a letter to be sent out to all my tenants and to be provided to new tenants.

Furthermore, when you have a no strings attached loan for 5-6 figures with no collateral, no proof that you will be able to pay it back, and one that can never be declared bankruptcy on, then there is no DD required by the lender to be sure it's a safe bet because the federal government will get paid back one way or the other.

So if you have a no pet policy you are cutting out about 80% of the potential renters.....just a thought.Otherwise you pretty much covered it.   

"CA gets a 'no' from me dawg"

For me the choice of new appliance vs used appliances for a complete renovation or new build is a no brainer, get the new appliances.  

I am a no on Irvington.

Are all foundation concerns a "no go" or are there levels to this?