Overall it seems pretty good, but I am curious about other similar options. 

Hello Bigger Pockets Community,My name is Cherrelle, and I'm passionate about diving deeper into real estate.

Cheap/low cost isn't always a good option. 

@Danny Nelson You have so many options! 

If you do a free application for a couple, that's $40 out of your pocket.

If its D maybe sell is the best option. 

@Zander Kempf I just finished creating our starter course because there are good options out there that aren’t about institutional planning and development. 

Know how to invest in different strategies, markets, financing options, and types of property from reading, podcasts, and forums, such as BiggerPockets.

You just really don't want to take this on if you can avoid it because you will automatically be in the hole with not only a non-paying tenant but the out of pocket costs of the eviction, which can be substantial.

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23There are 30 year fixed terms and other options such as 40 year with 10 year interest only converting to a 30 year fully amortizing loan.