My team of three young kids that like to earn money for simple yardwork and my supportive wife are just the start of my team. :)  I am hoping to network with all relevant professionals in the field...especially like minded investors in my local area.

Maybe paying off credit card debt or other debt on your report to reduce the minimum payments, increasing the downpayment, finding a house that doesnt require HOA or flood insurance (if applicable), etc.

Declining Interest Rates: When market interest rates drop, refinancing can reduce monthly payments, thus improving cash flow and enhancing the DSCR.3.

This reduces vacancy risk and helps maintain cash flow while you learn the ropes of being a landlord.

- Any other best practices that you could share that could help maximizing the rental yield, reducing prop tax and construction cost?

The reason is I want to separate my personal debt to income ratio from my real estate investing “business” and of course reduce personal risk. 

Earn cashflow from entrepreneurship.2.

This includes operating your heating and air-conditioning system as appropriate to reduce humidity, using appropriate ventilation, limiting evaporation of water, promptly removing any visible mold, and immediately reporting to us any leaks or other water intrusion into your apartment or any visible mold that you cannot remove.

A roommate can offset costs, reducing the $600/month shortfall.

So I waited a couple months, and they reduced the price.