The other things to consider is you do not need to follow the herd mentality and in this instance - prices skyrocketed during covid which makes sense.

Every blue moon, and in very few instances I will take some things into consideration.

For instance, if it's $50/month and looking only in NJ, it'll take you forever to get there. 

For instance, Florida has Doc Stamps and Intangibles Taxes where your area might not...but you might have other fees.

Rental rates in my mind have really peaked and in many instances have come down.

So for instance, let's say Investor A is where your lender/broker is sending the paper, and Investor A has an overlay that includes PG'd DSCR loans in this definition, then your lender/broker may decline to close the 11th loan, even though other lenders would close it because they send their paper to a different investor. 

For instance, a 660 caused by high utilization is a very different thing tha 600 because of recent mortgage lates. 

For instance I have a 3900 square foot property with 6 bedrooms and a total of 13 beds. 

My point being is that by all means being diligent and confirming all the information provided yourself is still and always will be the best practice in my mind even in the instances when it is duped.  

You are correct in some instances, especially for out of area landlords who use a PM or who don't have the knowledge, experience, or ability to manage these issues well that it can very easily cost MORE.