And without a credit history . proof of employment , passing a background check to rent will be difficult

Attorney's are also employed to check other sources outside of the normal search catch maybe 20% of the claims, and they are paid a few thousand dollars.

Lots of risk that you can't control and it is taxed as Ordinary Income plus the IRS will see you as self employed so you will pay all of the Social Security tax and perhaps a 2.5% extra tax if you make over $250k. 

Then I own in a semi-franchise model,  basically own the trucks and buy routes and employ drivers to fulfill the logistics; you can contract with fedex, amazon, any shipping carrier, and get a ton of business quick.

I spend a LOT of time getting to know the area that I'm investing in intimately...that's part of the fun for me is getting to know a new area...understanding the employers, the local economy, the people...I read the town/municipality/village's website in detail.  

Be sure to employ pattern-interruption also.

To manage risks, some investors employ an LLC in addition to insurance.There are expenses associated with running an LLC, such as yearly fees, registration fees, and even legal fees.

BRRRR is typically easier to employ at lower price points or if you're able to get an insanely good discount on purchasing a property.

The bank statement loan will give you rates about .5% better than DSCR but you must be self employed to do that loan.

I have non qualified stock options through my W2 employer now that has potential in about 5-8 years to exercise.