Morris is a turn key broker who specializes it appears from the threads on BP in selling low end rentals. by low end I mean rentals that are priced at about half of the mean sale point of a particular MSAyou would go about it the same way the locals do... sent out thousands of post cards.. get calls .. go knock on the doors make the deals and try to resell.. some states its quite illegal to sell real estate you don't own you can only market and sell a contract but who really buys a contract.. :) its illegal In CA too to broker without a license..

I would love a multi family, but if its not in the cards, I am fine with a single family.

Offer to call all their registration card leads. 

So putting up signs everywhere, joining every damn neighborhood club under the sun, handing out business cards to everyone you meet, mentioning to everyone that Hey, look at me I'm a real estate agent comes off a little too strong and salesy. 

No interest credit card for 16 months?  

I use business credit cards and a heloc as well as cash and 401 funds but can always use more sources. 

If the calculation is equal to 1 then you are not making money, 1 represents that you have enough cash flow to cover your dept. less than one means you were not making money and greater than one means you have a cushion and making money. banks look for above 1 because they want to make sure you will be making enough money to pay them back and that you will have the money should costs rise and change your NOI, I know my bank looks for 1.25 DSCR . usually they just do not look at the properties, they will look at your personal situation ( credit card dept, alimony payments, medical payments) especially if they want you to personally back up the loan. there are a lot of explanations and probably better than i explained, all you have to do is look up DSCR, hope that helps.

The HELOC is great because it is essentially a credit card with a low interest rate. 

I bought my hose hack duplex while still having student loans to pay off, car payment, credit cards.

@Mark DiGioia Accepting credit card payment or any type of merchant payment runs the risk of the payment being disputed and in some cases the payment get refunded to the customer.