If it were as easy as filling out a single (albeit very long) application, I don't understand why many more landlords aren't doing this to bring rents back up to market.Thanks ahead for any insight!

Should I secure a PML first before I try to get a property or should I go ahead and find a property and get it under contract then see if my PML prospects will lend?

This is about getting ahead in life, rather than doing what everyone else is doing.

Build some professionals around you who will support the work that are ahead of you.

Through experience, and depending on the municipality, you will learn to determine what you will need to pull permits and what work you can get away with without permits. also for us that understand how it work :quality permitted work = quality of unpermitted worksubcons are happier doing more unpermitted work because they got more moneythe lesser number of generalist in fixing home, the cheaper the project would be , no need to rush a project.when specialist is needed, that's usually needed in more 'advance' case (like removing the entire plumbing).so in reality , permitted work is just giving more commision dollar the gov and to the GC (that actually only inspecting the work and may design the work, but not really do the actual project) , so easy project unless it's an addition, getting permitted work almost doesn't make sense especially in the country where local gov does not care about it so much. 

Just make sure to give guests a heads up when lawn care is done and that you'll be in garage.

But, again, a bumpy start before the road ahead would become smooth.I'll continue this saga in the near future.

As someone with vast rental experience in Austin, TX (and a resident of Dayton), I would suggest really conducting a PFS (Personal Financial Statement) ahead of time - if not already done - in order to better assess your purchasing capabilities, then we can dive deeper into the creative methods.Connect with me to discuss when it would be a good time to talk.

I doubt that was a rushed decision!

The how has always just been a detail found along the road, never laid out ahead of time, just an item to solve and over-come along the way.