Do they need some "sprucing up" ($2-3k) to get market rents or do they need more extensive renovation. ($10+k)- How is the building appear from the outside?

It insures all types of risks but does do a nice job with rentals in many markets

To answer your question: As for my market (San Diego) there is such a shortage of housing that even with a steady population we have been near nation high in RE appreciation each of the last few years.  

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

I would think no, and that a refund is owed but I also am not specific to the market. 

Identify which market you want to be in and start making connections there.

Study the market.

People who can share their experiences in different markets or with different investment strategies. 

It's hard not to fall into this trap when digital marketing and social media advertising is constantly shoving all of these unnecessary products and services down our throats. 

Came out great but still on the market.