. - With sufficient equity, investors can incorporate other mortgages or debts on other properties into one loan.

I currently have 1 and I am looking for another but I feel like this plan can't catch up with how fast LA is appreciating.My question is in the title.

I do plan to hold it in an LLC, have good insurance and umbrella as well. 3) Older homes in PS - most of the homes in PS are built in the 40s-50s and for those that own them, do you constantly run into issues with major ticket items - plumbing, electrical, etc (things that are not visible to the naked eye).

After 4 pages of people with 5 posts saying it changed their lives I was ready to write it off but @Curt Smith is the real deal in my eyes. 

Issue is that it doesn’t look like rent is gonna catch up with my mortgage unless I’m able to refinance at a ridiculously low rate before I PCS next year.

And don't look at downpayment assistance programs because they all have a catch.

Without some on the ground knowledge those really low prices in some of the neighborhoods can really play some tricks on those "out of state eyes."

If you've been living in the area for a while, you surely have a handyman, plumber, etc, and friends who can be your eyes.

So in my eye's a good DSCR rate with a 3/2/1 is acceptable because worst case you refinance after 2 years and only pay 1% of the loan amount as a pre payment. 

Agree with all the people who say not to get a partner and look into professional property mngt instead or a property closer to you that you can keep an eye on.