Sometimes they have a main buy box with a few subjective parameters that vary based on age, area, condition, etc, so they would rather see anything within the basic box as opposed to ruling out everything.

There are many reasons owners are selling STRs right now, but one of the primary ones is that many buyers were originally presented with revenue projections that have since changed significantly due to market conditions.

When projects run longer than expected or properties sit just a little longer, financing costs quietly add up and eat into profits fast.Those extra months of interest, taxes, insurance, and utilities don’t seem like much individually, but together they can make a solid flip feel tight.

Basically, the days of apartments running 100 amp service are over.

Basically white collar is ok, blue collar is not.

When hedge funds started lending on single family rentals, they took the name "DSCR" and changed what it meant for more basic rental properties.

Basically anything that can justify a rent increase.

If anyone is open to sharing advice, grabbing coffee, or meeting up at a local meetup, I’d really appreciate it.I’d also love to connect with anyone actively doing BRRRR projects or investing in duplexes/quadplexes in the Springs.

Jersey City has more defined laws, basically you can STR if you owner occupy a unit. 

While I think your question is a good one...and interesting...the person/lender that decides to back a deal like that is basically going to be making up the rules for themselves.