Since you're not even sure if you want to be a landlord then take the bulk of the money and pay off any debt. 

After I got good at pulling leads that work, I can switch that ratio and spend $3 on leads and $7 on sending something to those leads;  post cards, sms, rvm, cold calling.   

You should have 3 cards. 

2> Terms and best practices: What are some ways to better set myself up to qualify for long term debt service products?

We allow Tenant Portal (ACH), Direct Deposit to our bank, Venmo, Strip (credit & debit cards) and old-fashioned mailing of checks. 

If the seller doesn’t meet your number, shake their hand, give them your business card, and say, “Call me when you’re ready to deal.”

So it really comes down to risk management and how comfortable he is with debt.

Now if rents can go to 1,100, different story.Value is based on Net Operating Income, and lending is based on Debt Service Coverage Ratio.Gino

I recently considered switching to KeyCheck but decided to stick with RR for two important reasons: 1) RR allows for weekly rent collection, which is recommended by my real estate attorney, and 2) RR has lower credit card processing fees for tenants.

DSCR stands for Debt Service Coverage Ratio, which is a calculation that determines if a loan's income covers its annual debt service.