Their combined income is 7x rent.

moving to miami from columbus more than likely unbelieveable real estate market, density allowances, zoning is 20 years ahead it's amazing for new construction and development. columbus will always have my heart but this combined with the lifestyle you can't beat it. 

Decide whether your primary focus is cash flow, equity appreciation, or a combination of both.

Combined with the price I paid through the auction, they are much higher than market valueproperty 1: paid 100k, owe 170k.

For example, I mention that every adult must pay a $30 application fee, pass my credit/criminal background, make a combined income of 3x the rent, and whether or not the property accepts pets.

Hey BP I’m upgrading the washer and dryer in my duplex and debating on whether or not I should install coin operated ones.

I have 50+ rental houses and a handful of office buildings and MF so I'm almost where I could pull it off by myself but I still think we could have more "pull" with a larger combined portfolio and shared resources.. 

The strategy shouldn't be either umbrella insurance or an LLC it should be a combination of both at the most cost-effective price. 

If I was here things would have played out different.  

The trick is to combine them without the initial negative cash flow.