Very interested to hear others in different vacation rental markets. 

That will lead to what you need to buy it for since every market is different pricing for repairs always change. 

This will also help you use a little creative imagination to realize your goals in a different way. 

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

Each class has different tenant pools, appreciation, turnover rates, etc.

Quote from @Carlos Ptriawan: google the excel spreadsheet for amortization schedule  But I'm looking at a number of loans with different terms-- not just one loan. 

Hi Alon, while I do not own campus rentals at this time I have worked with and for many different owners of these types of investment properties. 

Requirement is different State to State.  

@Bruce LynnI just checked pacer and each entity has a different BK number.

My wife tells me that houses are built much differently in Brazil so what I usually expect for expenses could be much different from what you've seen if things break more or less often- What other expenses should we factor in?