Another had an eviction over ten years ago and as a result now prioritizes rent, and another had an eviction due to a temporary situation and an unreasonable landlord (I know him; he actually gave her a good reference).I have properties in C-/D+ neighborhoods; Policies that allow me to work with tenants when they can't pay all the rent and still limit my losses keep my places full but I would rather wait for someone with a good solid work history and adequate income.

Hi @Randy Dickerhoff,There are a couple of hurdles you'll have to figure out through your municipality first.

Once I am over this hurdle and hopefully receiving some passive income, will any lenders see this passive income as a significant means of income enough to obtain a future  loan?

Once I am over this hurdle and hopefully receiving some passive income, will any lenders see this passive income as a significant means of income enough to obtain a future loan?

We are finding the biggest hurdle of getting ourselves another investment is...

Sounds simple but the few bankers I know keep laying down hurdles that are getting in the way. 

Nathan-I agree with you said but they are so unreasonable and they constantly contradict themselves.  

I know there are numerous groups that would oppose such a move (even in Texas) so I'm looking for anyone that may have experience with this strategy and can offer advice on the hurdles I would be faced with.

Lessons Learned:I know I will hit this hurdle. 90 day FHA rule.

Your biggest hurdle is going to be the city.I'm curious to know what they would say.