I'd see how next 2 weeks go before lowering the price.

The importance of lowering expenses and increasing efficiency to maximize property income.

I am considering purchasing in Lower Dimond and any of the directly adjacent neighborhoods.

Quote from @AJ Satcher: I am currently house hacking with an upper/lower setup - I occupy the upper.

We are a DSCR lender who can get to those minimums, maybe a little lower. 

There's usually a good reason why the entry points are lower.

. -- Thus, you can expect to get Class C or D tenants, which have a 15-25% probability of defaulting on their lease payments.2) If your PMC is lowering FICO to 550, what are they doing to improve their screening in other areas?

I can do that through charging points, but since I'm getting it at a lower rate than you could as a consumer, I prefer to mark up the rate while still being lower than most others in the market.

I’ve been working with several lenders for DSCR loans, but I’ve found that the fees are quite high, with minimal benefit in terms of lowering my current interest rate.

DSCR or Fannie/Freddie loans can go up to 75% on single family homes, multi family homes (2-4 unit) max at 70% if you stick with Fannie/Freddie.Other things to consider would be:Paying points for a lower rate vs higher rate with no pointsIf going DSCR - Prepayment penalty term (0-5 years)The lower the loan size ($200-250k and lower), you should consider paying up to 2 points and doing a 5 year prepayment penalty if going DSCR.