And yes, the income from renting is still taxable, but ideally you are offsetting a chunk of that with depreciation which is a non-cash expense.You should read Amanda Han and Matt MacFarland's books as well which are available in the BP Bookstore. https://store.biggerpockets.com/products/tax-strategies-book...

Their main sales pitch is that they will teach you how to make more money by charging your investors double the industry average acquisition fee.  

They highlight the difference between the average home cost and the average home value suggested by the price of large institutional companies such as American Homes 4 Rent and Invitation Homes Inc.I suspect this is nonsense (especially as according to google their price to book ratio is positive). 

A zip code average of an area does not represent an individual property’s characteristics.

Depending on where you buy, you would want to take the average priced house and figure you have to put 20% down to buy it with financing.  

If you are going to get a DSCR loan, you cannot live in the home, end of story.There's plenty of qualified LO's around here who's job it is to find the best product for you.

As far as the construction, yes, but I have been very surprised at some of the finish product that is coming out, specifically from the North Lawndale area - as a SW residernt all my life is very exciting to see this area slowly clean itself up.

Examples:44109 (median home price went from roughly 50k to 125k in 8 years)https://www.zillow.com/home-values/77009/cleveland-oh-44109/ 44102 (median home price went from roughly 30k to 120k in 8 years)https://www.zillow.com/home-values/77002/cleveland-oh-44102/ 44106 (median home price went from roughly 100k to 200k in 8 years)https://www.zillow.com/home-values/77006/cleveland-oh-44106/ It has the highest rents on average in all of Ohio for major cities and the median income is not even in the top 3.

Much better than average location3.

These names frequently come up in investor circles because of their reliability.Speak Directly to Their Team: Legitimate lenders will have knowledgeable representatives willing to explain their loan products and processes in detail.