Assuming primary, max DTI is typically anywhere between 43-49.9% contingent on factors like zip code, program, FICO, etc.

. - The main question here is do you qualify as a real estate professional according to the tax code.

I'm kind of picky about what I allow though and I have strict pet rules in hopes of turning careless owners away.

Hello everyone, I am also interested in the Detroit market suburb area with zip codes such as 48221 to buy and hold rental property digging for cash flow and appreciation.

Hard money I view as more institutional and have strict term sheets that they follow. 

@Grant NashI have no experience in flipping/rehabbing and will attempt to analyze strictly on numbers.  

We put a coded lockbox on the door so they can always get in.

A home sitting for months might be because it was listed during a slower rental season.Marketing and Property Management: Some landlords don’t market their properties well, or they might have strict tenant requirements that reduce the pool of potential renters.3.

Be very cognizant of the STR and HOA laws and codes wherever you plan to do this.

I can't tell from your post if your search is strictly based on listed properties.