6-7k is annual cash flow.If so I would make it a LTR since the STR is not much cash flow and a lot more work.You'll likely be the one doing all the work for your partner.

If they discount everyone, then no one is discounted.

I've worked in the SFR space for quite some time, and currently work as COO at Marketplace Homes.

Are there any DSCR lenders that work in this arena? 

My tenant requirements includes no evictions, ever.

Find deals that work based on current mortgage rates. 

Find one that can be custom to your needs, has flexible pricing, no long-term, high-cost memberships, and excellent customer services to determine how to best market to your leads.If you would like a referral code or more information please let me know :)

Most of our clients use Mojo and it works well.

There is no "what is this on the HUD". 

@Ray HageI agree as I would stay away from condos as between special assessments and increase of fees, what is the risk vs reward.Many of these buildings are run by people who are not property managers or have development experience and lack the knowledge to properly run the propertyAlso many don’t realize that on older buildings your initial estimate will be 30-50% less once the work starts, especially on older concrete buildings that are susceptible to deterioration due to the weather in these areas (especially the salt)