To a GC you are nothing more than the average customer . 

The market rent puts all three together at approximately $2900 monthly.Costs behind the acquisition:Property taxes: $5000 yearlyInsurance estimate for all three: $3,300 yearlyC-class properties (not best location, their condition is about average - older properties)Purchase price: $250,000k$15k down and $235k seller financed at 6% interest for 30 years. 5-year PPP.

I think the average realtor sells 1 house per year?

The facts are rates are near a normal range on a 25-year average, with is around 5-6%.

/mo (1 deal per month @ $10K average), with $2200 budget a month.

I've seen that the average building cost for the state is around 495K, which is significantly less than the average home in SLO at over a million.

Real estate investing is a pretty forgiving world and the average person can still make money even with some pretty big mistakes.

We are currently renting the house out by the room (furnished) and on average bringing in about $2,700/mo in revenue.

In my properties, my tenants are staying an average of 3 years. 

There are alternatives such as bank statement averages of 12 months, a P&L statement and exceptions to qualify based one year of income.