Purchase price: $102,000 Cash invested: $6,000 Originally used as a short term rental, this property is now a mid-term rental (min. 30 days) and continues to cash flow.

It was originally homesteaded in 1890.

They are very more dependent on leverage and your credit score.

The kitchen can't be fully upgrade with a nasty original bathroom.  

The original “cash is king” was a saying that was developed during the ultra high interest (mortgage rates hit 18%!)

Is your current PMC advertising the property with minimum credit scores?

My original thought was to basically just triple what the normal vacancy rates were in the area, but I know that would not be super accurate.

The interest rates on these loans from the programs are usually at a much higher rate as they do not qualify people based upon a credit score.  

Portfolio income, such as interest does not have any preferential tax rates so it is taxed at your ordinary tax rates.For the average taxpayer, interest income will not be considered active or passive which the original poster is trying to claim(as passive income).You, from my understanding, are in the business of originating and buying notes.

I am a US citizen with a 680 credit score (actually, credit karma shows 680 for one bureau and 710 for another bureau), but I haven't worked in the USA for years, and overall, we are looking to get a DSCR loan.