The comfortable living area is adorned with stylish finishes and abundant natural light.

Your CAP rate will be dangerously inaccurate if you calculate expenses incorrectly so let's break those down.Utility Set-up- As an overview you need to know the difference  between city-provided utilities and onsite such as Septic Tanks with Leech fields, lagoons, Wells, EtcGetting more specific what utilities are maintained by the community, paid by the community vs the tenants.I will give you a quick example, I own a park with a bunch of multifamily manufactured units of which I pay the electricity bill.

Could anyone offer insight on DSCR loans and/or provide any reputable lenders?

Im much more comfortable with 15 year mortgages closer to 5% or under (not going to dream about the 2-3% rates  pre pandemic).

I have a solid amount of capital to invest and am looking to invest remotely in the Midwest or South in places that will provide a net income and, of course, ideally also provide at least a minimal amount of appreciation, but I'm definitely leaning more toward the cash flow model given that I'm an older investor. 

BUT, it does mean that sophisticated lenders believe that THE CHANCE of default in said situation puts the loan beyond the “risk/reward” parameters that they’re comfortable with.  

Also if you can find any local hosts in that area they may provide a great recommendation. 

I have an awesome girlfriend of almost 4 years and is a big motivator for me trying to become financially independent so I can provide her and my future family a great life. 

I was very focused on just one area due to interest and comfort level, and it was a combination of timing, research, determination and luck that led to my first investment.

This allows our buyers to purchase the property, make the necessary improvements, and then choose to either rent it at market rate or sell it.Selling a property without providing at least two exit strategies for the buyer significantly decreases our pool of buyers.Feel free to reach out, you could send me the numbers and I can give you my opinion on what would be a good deal to a buyer with keeping the tenants.