How much cash flow makes it worth it, in your opinion?

I will always look at the air handler and make sure tenants are installing fresh filters (most neglect this item).  

They don't know how to properly qualify an investor.Check around before making a decision.

@Bryce MillerWelcome, and congratulations on making the decision to leverage the owner occupied loan to get started in real estate investing.

Even if it passes, what's the process?

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.

Make sure the document is titled "DRAFT".

If the software is not simplifying your life or making you more accurate, you shouldn't use it.

Quentin, build your knowledge, make sure all this is done correctly.Banks rarely call the loan just because of the deed being transferred, something else triggers this, mostly because the investor decides education is not worth the money.It can be because the Insurance was not done correctly, the seller does not understand the process, the Title Company does not know what to do so they call the Bank and make a mess out of the process and a few other factors,If the investor is knowledgeable on what to say to the Bank if they call this is a fairly simple conversation to have.

But, these broad market studies are so large, they are almost meaningless, in the real world.Between glut of new supply in many "hot" markets coming online, a continually softening economic outlook, inflation over last couple years making day to day items feel cost prohibitive, many average renters are strapped and seeking lower cost housing.