Some advocate for factoring in debt services, while others argue for excluding them from the calculation.

https://www.wlky.com/article/louisville-zoo-expansion-trains...Tourism is the second largest commodity in Kentucky. Bourbon Industry is set to outpace Napa Valley! We are blowing up! 

Unfortunately, even though my DTI and credit score was good, the underwriting was not so good because I had gone through a debt consolidation program not too long ago which, as some may know, requires you to stop payment on debt for a period of time.

4. complete your BP profile - Include website links, social media handles, or other online profiles so that people can find you.

@Troy P.What's the interest rate on your underlying debt and does she have a down payment?

Most people including myself are very against it here. 

I don't write off debts unless they're too small to bother with.

You can take an "A" neighborhood asset in most locations and fail the 1% rule but these assets will outperform on a cap rate basis a "C" location asset that "passes" the 1% test  if the analysis is not so narrow minded and includes actual expenses, cap ex and vacancy. 

So, I recommend that you manage it carefully to make sure that you run as close to breakeven as possible.The second issue with any corporation (including LLCs filing as S-Corps) is having the corporation own rental real estate. 

This is the investing model I use and I have helped dozens of people become home owners through lease options, including single mothers.