Lastly, using conventional mortgages with LLC ownership is also not workable. 

Its not workable if you are doing the "AirBNBRRRR" method as described, you are likely going to need a hard money loan and then refi into a DSCR loan - ideal if you can go to a lender that does both!

@SolidReturns Thanks for the advice. 1-2 hours one way is definitely far so I will try hard to find something workable in my home territory.

A little thin for me but I think it is a workable investment if you could either save some money on the buy, or get the $1350/mo rent + yearly increases.

Because of that, its like you have another set of eyes on the deal (a professional set or eyes) to tell you if the deal is workable or not.

I am trying to find deals using various marketing channels, including cold calling, RVM and text messaging I have skip traced a very targeted list with 1,555 data points and I got back the following:1,372 landline phone numbers (88% return rate)327 cell phone numbers (22% return rate)Out of 1,372 returned landline phone numbers, only 376 (27%) don’t have a DNC flagOut of 327 returned cell phone numbers, only 122 (27%) don’t have a DNC flagIf I am correct, then my workable data set for NOT with a DNC FLAG for both landline phone numbers and cell phone numbers, is extremely low.

What you will do with experience, is look at the sq ftg of a house (comparing apples to apples...such as like # of beds/baths), and the current sales price per sq ft, to see if the cost to buy is workable.

@Josh Thomas I would want to see a much more robust economic analysis, including workable excel sheets with sensitivity analysis.

You don't have to crawl forever but you do, actually, have to crawl before you walk.keep reading on biggerpockets, it could help you come up with realistic questions and and a workable plan.

This would give us a much smaller mortgage bill and make our finances much more workable.