Your job is to keep tightening it up (geographically and based on asset type) and meeting investors until you have a buy box that makes sense for you.There is also no point to running deals through a calculator if you are seeing them.

@Michael Darten  Most property management agreements have the monthly PM fees based upon a percentage of rents collected.  

However, it's important to be cautious, as sheriff sales can be risky for inexperienced individuals and may lead to significant financial losses.3 - Referring to point 2.4 - I can provide you with some recommendations for CPAs who are based in Ohio.

However, while I was still getting contractor bids for different projects, I found 3 different companies that are quick (based off of their contracts and guarantees) and have good quality of work (based off of previous and current investor feedback) but come at the cost of price.

Then adjust based on both your and their view of the world.  

DSCR loans let you qualify based on the rental income of the property rather than traditional income verification.

The reliability of this method depends on if the costs provided by the contractors or subcontractors were based on actual costs or estimated costs.

If you’re looking for simplicity and don’t have the time to be hands-on, the turnkey approach is probably the best option.As for buying one more expensive property in California, I understand the appeal of having a more stable tenant base.

Following - I'm based in California

Typically Conventional will end 42% of DTI and FHA can get up to 51% DTI (and based on your credit score I think you should stretch to that 51%) Just a few things to start thinking about as you are working through the process.