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 guess what I'm getting at is it seems like our options are either bite the bullet in our next primary residence where we are currently located, understanding the future opportunity to rent for cash flow looks pretty bleak, or look in other states where we would have more buying power and try to find a duplex or sfh that will cash flow off the bat. 

Some of these other options you listed are decisions based on how you want to live and how you feel about having strangers in your primary house and aren't something we can tell you to do. 

I'd bet he makes more on the marketing side as opposed to actual RE Investing.

I am not sure if this is the right place or not but I wanted some input into any obvious issues with my lease option offers to the tenant buyer that earns plenty of income but doesn't have the cash right now and wants to improve credit before purchasing but would like to lock in the price as our market is still struggling with inventory. 

People do it all the time actually.

I would love some insight on how I should start and how to get funding to actually do the house flipping. please and thank you. 

Would you consider MTR and STR as back up options?

What would be the best and smoothest way to transition the tenants to a different payment option?

That seems to really restrict the buyer's options and avenues for closing.