Even with that, I can't promise you won't have major issues and possibly lose the property or your monthly income. 

Generally, most DSCR lenders will want a 1.00 Ratio or higher using the PITI as the monthly expense.

Our lease contains a clause stating the security deposit cannot be used for the last month's rent. 3.

Rents are obscene in my area near Traverse City.  1br1ba's are pretty much a guaranteed 1k a month. 

I am preparing to attend their next meetup towards the end of the month and will continue looking for more ways to stay engaged.

The key will be to set up terms so your monthly payment works.

Hi Rosette,I saw your post from a few months ago and hope your investing journey is going well!

Small multi-family properties starting at over $1M, which is pretty expensive and, resale single family (before year 2000) offer minimal cash flow (~$200-300/month).2.

Do you use a “book” for information or an online service ?

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!