If an investment property, there non-warrantable DSCR loan options.Some details:Loans available for purchase, rate and term refinance (no cash out) and cash-out refinanceCredits score down to 620LTV are up to 75% for purchase and 70% for cash out.Rate buydown feature available.DSCR (lower of gross rent lease or Form 1007/216 rent divided by PITIA) as low as 1.0x.For experienced investors (one year of investor experience and own home), short term rentals can be structured off of 12 month short term rental history with 20% expense factor.

If not, I would still recommend going ahead with a professional cleaning company that has experience with mold remediation (make sure they send before and after pictures as well), if you really wanted you could give a small credit to the tenant to make them happy as well but 100% not required. 

However, after meeting with a friend who has real estate experience he mentioned that he predicts in about 12-18 months there will be a downturn of the market and an influx of foreclosures due to the pandemic forebearance.I now feel like our momentum and excitement has come to a screeching halt and I am unsure of whether or not to invest in this market.I understand long term the market works itself out, however, if I bought this multifamily unit on my current income, I cannot afford for the rental market to depreciate as well which is my fear.The mortgage would be about 4K.

Welcome to BP Marina Montague, It sounds like you have some good experience to share.

Would love to connect and pick your brain about your experiences with that.Adrien

I've joined Bigger Pockets with the aim of connecting with fellow Canadians, learning from their experiences, and forging valuable relationships.

In full disclosure, most folks I talk to with far more experience in such matters think this slate of Bills is headed for Lame Duck, but without keeping on top of it could be some sheniganans in lame duck session to try to push it through.  

I'd love to provide you my feedback of my experience with him and his firm.

Grossly understating the amount of KNOWLEDGE and experience necessary to protect your capital from loss2.

I really enjoy BP's platform for learning and education.