The key is having solid management, because you won't be able to be there consistently.

Is the loan officer telling you they will consider rental income on your proposed purchase, even though there’s no past record confirming the amount or consistency?  

If you own real estate with a good property management company you can leave them with a reserve of money to cover any maintainence, etc so you don’t need to consistently write checks.

It consists of 2 one bedrooms and 2 two bedrooms and currently has two tenants in one of each.

You can do it. 10 years is a super reasonable timeline, particularly for higher income busy pros who can live below their means, invest consistently, and take daily action.

From whom you source your next deal should be reliable, consistency matters.

It was a great source of information, and I think along with your approach, I’m just going to bite the bullet and be consistent with what I’m desiring! 

Without expansion, the deal fails our analysis.Our analysis consists of a spreadsheet that was developed for cash flowing properties.

As long as you can show them consistent income to their liking, I don't think income will be a problem... all the other pieces have to of course fall in line... debt to income, credit, etc.I'm pretty sure what they will say is "prove to us you make that much consistently"  when it comes to documenting income.  

Your advice is consistent with what I took away from the Good Cause Eviction law in Philly - 30 days notice.