If you tell the IRS it is an expense, it is no longer income.W2 income does not use a 2 year average for your base pay! 

You can DM me her contact info.Kevin, I noticed you are based in New York.

There a ton of great DSCR options you can find on the Lenders tab at the top of the page, or connect with an experienced broker who can shop all the best lenders for you and educate you on the best options out there.

Yup, property condition, vintage, neighborhood, tenant base, property management are all very important considerations. 

I do not personally use him based soley on the fact that the firm is virtual.

I do have monthly mortgages to be paid and not having rental income to offset my negative cash flow has been a learning experience and really trying to think of what options I have to have better success at this.

You don't have to spend a fortune and buy a house directly on the beach to do well, but your starting price point for a viable option in this market is around $350-$450k for a solid 2-3 bedroom oceanfront condo or around $500k for a 3-4 bedroom house within walking distance of the beach. 

Or a seller finance calculator showing the monthly payment based on negotiated price, interest rate, down payment, etc.

These forums are a great place to learn and connect with fellow investors.I’m an investor based out of Columbus, OH.

I recommend selecting an investment city based on the following criteria.Key Criteria for Choosing an Investment CityRents Must Outpace InflationFinancial freedom depends on rental income growing faster than inflation.