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 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

According to Airbnb:Guests who book Airbnb listings that are located in the City of Tuscaloosa, AL will pay the following tax as part of their reservation:City of Tuscaloosa Lodging Tax: 11% of the listing price, including any cleaning fees, for reservations 29 days or shorter.

Examples of prohibited transactions include personally using a property the SDIRA owns, selling property you already own to your SDIRA, or doing your own repairs or improvements on the investment property.

@Maya JonesIn my experience most listings for rent do include the renter requirements so that's interesting you're not seeing them.

My goal is to acquire a solid, cash-flowing asset where I can learn and grow as a buy-and-hold investor.I’m also interested in connecting with experienced landlords or property managers who can provide guidance on properly managing small multi-family units—including tenant screening, lease structuring, maintenance workflows, and long-term asset management best practices.What I’m looking for:2–4 unit propertyLocated in NJ (open to several markets)Long-term rental holdValue-add potential is a plusAbility to self-manage with mentorship or guidanceOpen to:Connections with local lenders, brokers, and contractorsIf you have any leads, advice, or would like to collaborate, I’d love to connect.

Including a driveway and part of a detached garage.

bought a house for 250k in 2020, did substantial renovations including adding full bath from scratch, moving/replacing a 1920s staircase, new flooring, energy efficiency, etc.  

Investors are positioning ahead of the release of backlogged economic data, including the September jobs report, and monitoring Fed commentary.

Should I broaden my search to include condos? 

Lots of demand drivers including the DFW metroplex.