@Shaun R. first off congrats on getting licensed.

I'm copying @Justin R. and @Dan Heuschele as I've found their information very helpful.

Here are the figures:House 1 Purchase Price $110,000.00 20% down 30yr fixed 4.75% 3-2 CBSEstimated value: $197,000.00Mortgage : $81,000Rent: $1,450PITI: 787.37Vacancy/Capex/M&R 18%: $261.00FCF: $402House 2Purchase Price: 131,000 3-2 20% down 30yr fixed @ 4.5% built 1983 CBSEstimated Value: $170,000Mortgage: $99,641.00Rent: $1350PITI: $837.42Vacancy/Capex/M&R: $243.00FCF: $270.00I’ve always been of the mindset to hold any income producing asset that produces cash flow, I mean why would you sell it?

@Matt R. - Great perspective.

But your intent must be perceived to be holding for productive use.Most folks feel comfortable with anything more than a year as that puts your rental property on two consecutive tax returns. 

@Jonathan R McLaughlin I think the foundation of @Thomas S.'

Thank you @Andrew R.

@Brian R. great response, I was wondering if you would mind sharing your eviction attorneys information?

@Misty R. -  I am sure you can get a wide array of advice on how to go for financing.

@Heather R.