There's pro's and cons.Pro's:Not reported on credit (doesn't damage DTI and can do unlimited loans)Low doc (no taxes, DTI, employment)Close in an entityCon's:Loans are higher rates, but not as high as some have said in this thread.

If an investor wants to be passive, most real estate is a nonstarter.Most of us have retirement accounts (such as 401k) and real estate...and don't consider low cost tax deferred retirement accounts with an employer match to be a bad thing.

Employed with the same company for 7 years, makes 4.7 times the rent, has a credit score of 580, and a bankruptcy that is over 3 years old, shows 0 late payments since bankruptcy.

Everyone has different perceptions for B Class and this is mine based off our market in Toledo.1) Mix of investor owned and home owners (Last few years leaning more toward home owners buying)2) Infrastructure supporting tenant and home owner demand (Car manufacturers, ProMedica hospital, Washington Local School District, Toledo University, etc...)3) Homes well kept, yards mowed, none or very few bordered up homes, cars with wheels, pride of ownership, lower crime, no riff raff roaming the streets lol4) All tenants employed and submit rent payments online.

This person / company was frequently well known by the Department of Environmental Quality, and may have been employed by them prior to their striking out and forming their own wetland consulting company.

Ex-employer would like me to consult.  

I currently work as a Project Controller managing budgets for the company I am employed by but excited to use my savings to pursue real estate in whatever capacity I can.

My SOP is to contact the current landlord and employer, require proof of income for the past 3 months, and use Rent Spree for background, credit, eviction, etc.

If you have w2 employment, keep it.

I am currently employed.