Location is key, so buying in the best neighborhoods is your best bet for solid appreciation.

Feel free to reach out anytime if you have any questions or need advice

I think your best bet here is a DSCR cash out.

Finally, in case of an emergency requiring urgent attention, please contact me on my cell phone anytime at (###) ###-####.I thank you, Mr.

I’d be happy to connect and chat anytime!

I assured them it wouldn't be anytime soon but in a year or so. 

He's playing with numbers, I reckon, and I bet there was a mortgage on the property, so his cash in was not $230k.

However 2 things to note: 1) DSCR loans for future investment property acquisitions do not care about your DTI (DTI only really matters when buying a new primary or any time you are using a Fannie/Freddie/Ginnie loan).  2) After 12 months of proof of someone else paying it for you, you may be able to omit it from your DTI calculation. 

The due on sale clause will be the biggest worry, even though it's uncommon for banks to enforce it, they have the opportunity to at any time.

Accepting money at any time doesn’t waive our right to damages, to past or future rent or other sums, or to our continuing with eviction proceedings.