I am starting out newbie, have young kids, have been a homemaker, but now want to do more for the family financially while also being available for my family.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

It is possible to buy too many too fast and put yourself in a financial hardship.Have you ever heard of a startup store that done real good and added another store that done good?

I would have to see minimum last 36mnths financials and would prefer 60.

Most investors using baselane aren't accountants or financial advisors.Being able to edit Chart of Accounts, add or remove, is very useful.For instance, I have a client that owns rental properties and build construction homes.

Loans are nothing more than networking, and strong financials which you look to have on the property.

@Saul Clavijo make sure you understand you will be getting into Class C properties at those numbers.Food for though below, DM us to chat more about Detroit:--------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

I could use gross income or have the property assessed for assets and it would come out to at least $1M.

Applicants have a prior eviction years due to unfortunate circumstance but good household income and noted they are in a better place financially.

The buyer would need to show solid financials also of course (good credit, experience operating rentals, proof of funds for down payment and adequate reserves to cover any unexpected cap ex).