Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

We invest for long term buy and hold in good areas B+Due to extreme highly demanding W2 jobs we are looking for credible FULLY vertically integrated turnkey companies to partner with.

However, if you filed your rental income under schedule E, then lenders will have to use your the rental calc based on how you filed your schedule E.

However, as @Chad Hale mentioned, only if you can afford it - meaning both financially and mentally (e.g. how stable are both of your jobs, how long will it take you or your husband to find a replacement job, how much you have in reserves, and whether you guys are in a position to withstand that mental stress, etc.)When you mention 8k monthly, I am assuming that's net profit?

Send me a message and lets schedule a time to talk. 

3 homes scheduled to close this week:1) Tuesday - New Construction Home with GreatLeaf Capital2) Wednesday - My Great Grandmother's home in Waycross, GA (Photo below)3) Friday - New Construction Home built by my Siblings and ILet’s see if everything goes smoothly.What do you think?

If there is one thing I would do different is: I would invest Out Of State in markets that had sustained growth, strong job numbers, were safe and desired, and had favorable Landlord laws. 

The job of cash flow is to pay back your cash in. 

They did a good job and helped answer any questions I had about the 1031 exchange I did here in Chicago. 

STR's are a job.