Then adjust based on both your and their view of the world.  

DSCR loans let you qualify based on the rental income of the property rather than traditional income verification.

Also, note that it is hard to accurately judge an area from afar based on exterior physical characteristics.

@Tom HallAt 7% if you can I would pay it down as investing it net after tax gains may not get you the 7% you are paying - so it’s less riskDownside is you lose liquidity of that money as it’s tied in your propertyIf rates come down in future you can refinance and even take some of the cash out.Regarding your question are rates coming down, a lot of factors come into play but right now it does not appear there will be significant changes to rates over next 3-6 months.

With VA loans, you’ve got a huge advantage to get started with little to no money down, and military bases are perfect for long-term or short-term rentals.

The reliability of this method depends on if the costs provided by the contractors or subcontractors were based on actual costs or estimated costs.

I'm based in New Jersey and have recently embarked on my journey to build a real estate portfolio.

Cover your bases for starts and then get legal advice. 

We are based out of Kokomo which is right outside of Indianapolis.

Following - I'm based in California