What’s great about the DSCR is if you have good credit and a lower LTV the rates are better than most conventional rates right now.Cash out is set at 75% LTV there are some 80% options but the rates in most cases are too high to debt ratio at the required DSCR ratio usually 1.00% or equal to PITI/ITI.

I would prefer to self manage to avoid the high poperty management fees (I think its around 10% + 1 month leasing fee, etc.) and I also worry that the property manager will likely not be as dilligent in finding high quality affordable vendors, etc.I see 4 major pieces of work1) Tenant finding: I feel comfortable doing this remotely.

Even if you have money for the 20% down, it's not wise to spend your last dime making that down payment and leaving yourself vulnerable to losses from a bad tenant or maintenance costs.If you want to be a successful investor, increase your earnings, reduce your expenses, save up, and buy wisely. 

Their fees seem to be rather high for someone in your situation.

@Basit SiddiqiAgree for example would you rather have 13% net but deal levered 75% or a deal no levered at 8% net.On a 100k investment I would take the 8% deal every day as I will gladly pay an extra $5,000 to reduce my risk substantially since in option 1 the deal can go to zero in option 2 realistically it would be really poor management if it lost more than 10-15% of your capital.

Whereas, Iowa City isn't growing quite as much, is very saturated with rentals, and people go there for college so potential for high turn over.

We are thinking a "Project House" in the SE Suburbs/ Exburbs of Charlotte, High Point / Greensboro, or suburb / Exburbs of Raleigh. 

Some people like messing with all that, but to me the return is pretty low and the headaches high. 

I'm personally looking at the 2-4 space right now as I think there should be good opportunity there to make the numbers work in high-value markets

High search volumes for terms like "luxury apartments Syracuse NY" and "new apartments Syracuse NY" mirror the interest in upscale living spaces, particularly evident in this zip code.