You can achieve gross revenues at a multiplier per location vs that sec8 volume model. 

If you call that 10% of gross rents you will spend $116,000 a year on property management if you were earning $1,000/month/rental (about 1/3 of your gross profit on 97 rentals.)  

The 3 of them will gross closer to 4K, net about 3K, per month. 

In the end my tenant received a reward for being respectful to my property and I am now have this unit locked until next year with a small dip is gross rev!.

From my experience you should expect a 10% to 15% of gross revenue for repairs/maintenance. 

Gross rents are $1,250.00 a month and we have a two-year lease in place currently.

Roll them all up and the averages are:purchase $154krenovate $47Ksell $232kThese are gross numbers, not including closing costs, borrowing costs, holding costs, licensing and permit costs, G&A, overhead, commissions, forward rate buy-downs, and lease-up fees, to name a few of the many expenses incurred. 

Many people get this confused thinking that is take-home (NET) income, when it should be BEFORE taxes GROSS income. 2.

I curate a list of properties priced under $800K with the potential to generate six-figure gross income and share it with my clients.

To Jay's point, though, there wouldnt be an impact on your DTI based on your numbers. 75% of the gross rents can be used to offset the debt to $0 until the operating history is reported on a tax return, so if the rent is 65% higher than the mortgage, then the impact to DTI will be 0 until next year when 2025 tax returns are completed.You could try to find a DSCR program that allows you to become a partner of the entity after the property is bought and financed, but this will require significant trust in your partner and may or may not work from a financing perspective.