Why do you think purchase contracts are so long and have such small print?

Mind boggling that such a method of purchasing property is even posed - all it's telling me is simply this; " Be Fearful When Others Are Greedy and Greedy When Others Are Fearful'"Warren BuffetMany legit ways to purchase property.

2 years ago I purchased an acre of land in Arizona with a friend.

Purchase price: $402,000 Cash invested: $80,000 Purchased 2 lakefront lots - one developed with a SFR and the other vacant.

I see the advantages with DSCR… in that unlike conventional mortgages which have a 10 property cap, and it becomes exponentially harder to purchase each time… DSCR allows you to build a portfolio. 

Quote from @Cheryl J McGrath: I'm having issues getting property under contract.Agent/seller wants a pre-approval of funds first.I can't get a pre-approval for every property or is that the way it works Thanks Are you actually intending to purchase the property?

Overall for land purchases, you'll want to make sure it's not wetlands and it's not landlocked.

And this debt allows you to actually purchase additional depreciable basis. 

I am constantly told by investors, particularly new investors that MLS properties are bad investments and they will only purchase "off market" properties.

This way you'd only be looking for financing $895,000 of $1,150,000 purchase price.