It’s located near a big refinery and 30 mins away from casinos in lake Charles.

And yes, based on what you stated we would need more information but let's take it at face value - what if you don't show enough income to get a "traditional" loan?

Should I use a traditional bank account?

@Wesley W.Why not the traditional hinge door? 

This speed can create unrealistic expectations for clients about the time it takes to close a deal, subsequently putting pressure on realtors to hasten processes that traditionally need more time for due diligence.Client RelationsRealtors invest considerable time in building client relationships, providing advice, market analysis, and negotiation skills.

Has anyone found this more profitable than traditional leasing?

Unlike the traditional 30-45 days that it takes to qualify and close a home through a bank, closing Sub 2 does not involve any banks or title companies.

I'm more interested in this approach vs REITs/ syndicates, because I reckon with the right partnership, I stand to make far more by not paying such high fees on those traditionally passive options.

Not prohibitive like a "lockout period" you may see with commercial or traditional multifamily loans, just a small feeMore info on factors that go into DCSR rates and Prepayments:DSCR Loans: What Are They And How To Get The Best Termshttps://www.biggerpockets.com/...DSCR Loans: How To Use Pro Strategies To Save More And Make Morehttps://www.biggerpockets.com/...

We’re one of the few property managers that require W-2’s and a bank statement and we go way beyond the traditional, “income must = 3x rent” qualifier.Below is more information about what our Applications Department does to screen applicants and find the best tenantspossible for your property.Required InfoWe require the following from each applicant over the age of 18, that is not a dependent of anotherapplicant (as evidenced on a tax return):Copy of acceptable state picture IDRecent YTD paystubRecent W-2Recent Bank Statement, all pages, no info blacked outRecent tax return if self-employedCredit HistoryMany companies use credit summaries, but we find these rarely tell the whole credit story.