This 30 units will keep you busy up to closing and beyond you'll be earning your money but just for clarity there are a few ways you earn an income as an apartments syndicator:      1.

This is a pretty low standard though, but unfortunately even this isn't always done.There are several other jobs that agents are completing for you to earn their commission, but most of the rest are of an administrative nature.Of course all of this is colored by my experience in my market, which may be different from yours.

You must have legitimate self-employment activity or business with earned income in order to qualify for it.

The downside is it's been tough to find a lender that will recognize Airbnb earnings towards dti and now that I don't have W2 earnings it presents an additional challenge to pull money out.

There can be some exceptions as noted by @Eamonn McElroy but those are rare and not likely in your case - though do check with counsel to be certain.Because income is not taxed as it is earned, you are able to more effectively grow savings by compounding the gains over time and reinvesting earnings within the plan.  

You should earn enough to offset the cost of operating the laundry machines.

They stick you with a higher interest rate, earn a higher commission and use that to cover your lending fees.

My biggest concern with refinancing is my credit 640 and the fact that I am now a one income household and had a career change that makes me significantly less money than what I was making when we purchased the duplex ($64,000 per year vs $27,000 although once the rental is factored in it’s around $70,000).

Think about it, you could use that money to buy Jr. a home free and clear and let him work and save his earned money 100% to do whatever he wants with, such as buy a new car (or support his family properly like a man).

Earning a few bucks is never worth being a crime victim.