DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

On the other hand, you could also look into multifamily units where you can live one of the unit and rent out the other vacant units with as little as 5% down payment.

We are going to sell our house and use the proceeds to buy a rental but my wife is the one on the house and we want to put the rental in my name only. From a lender perspective would it still be considered a gift?

That is the basic run down, I would suggest syncing up with a real estate knowledge accountant for your specific situation! 

Making $570/mo profit plus at least another $80 in principle pay down. ($650/mo total) is kicking butt for zero dollars invested.There’s certainly no harm in repeating that 9 more times.

I couldn't resist taking these pics as well...the tenants cats had torn down all the curtains & literally shredded the tenants couch but $$$ on-time :) 

Not really necessary.You will need a commercial loan refi with higher interest and maybe more down to cover it.

There are also conventional 5% down loans--it's not just 20% down. 

Turn down the majority of business that approaches you.

In those cases, if the market goes down, you are willing to hold long enough for the market to rebound.My second piece of advice is to only buy properties that you would live in yourself.