Debt to income and rental income to offset DTI

[Ishan Puri]

Can we discuss the pros/cons of getting a cash flow property that has a renter in it already vs. getting a new renter in areas that are not rent-controlled? Can you always offset the DTI ratio with market rents, or do you always need a lease contract in place? Trying to understand how you scale multi-family from 1 to 5 to 10+ from a financing perspective and what is the sweet spot that more experienced investors use in terms of purchase price, down, and target return profile on an IRR basis