I now own two identical fourplex units side by side in Norman, OK.

@Jason Malabute what we found out so far is that first they have 9 weeks if they select you for ID verification even if you send ID verification immediately that unit gets 9 weeks. 

Any buyers should be eligible for the loans below, pending credit and asset verification. 

BUT, i have a very strict criteria for leasing (credit score, income, no prior evictions, employment verification, no criminal record).

Often there are several nearly identical properties available at the same time and all with the condo fee, tax and utilities meter running if sitting empty.

A typical initial doc request will include: Photo ID, Entity docs (if applicable), Bank Statements, Insurance info/contact, Leases or STR rent history (if applicable - vacant units will use market rent or AirDNA projections for STR properties), Mortgage payment history and payoff for refi, Condo Questionnaire (if applicable), Purchase contract/Document improvements (if applicable)

They are nearly identical to conventional and DSCR lenders don't charge origination... it's only the $1500-$2200 for UW and Processing.  

When I started asking specific questions this is what he replied:"There is no points the only fee paid is the down payment for loan registration process fee which is paid after the signing of the approval letter also we will need a proof of residence like ssi document, water bill etc. for proper verification of were you stay."

Typical mortgage rates follow the 10 year treasury almost identically, but for watching trends in the DSCR world the 2 year treasury will more similarly mirror pricing (plus a spread to manage risk).Happy to give some more context or ideas if it might be helpful for you though.Thanks for the sharing this information.

You can also usually use 110-120% of market rent if you do have rent verification.