I am glad my pm does not spend more time than it is worth recovering a small expense like a toilet.  

One more reason why people should stop looking for the easy path to building wealth.Increase earnings, reduce expenses, save, and invest.

Same property listed water bill paid by landlord so how much does it cost to put individual meters for each property so cost can be moved to tenants? 

Taxes, insurance or repairs, and then lose the property to foreclosure having pocketed what6 months or more rent payments with no expenses.  

Quote from @Dylan Gomez: I inherited two homes, both were paid off one was livable, and I now live in it, the other was a rental in TERRIBLE condition.

Back to the DTI, if you want a quick down and dirty way to do it, start with the bottom line 24 on the 2024 return, then add back in Depreciation (line 18), and possibly interest expense (lines 12 and 13) IF it's also counted against your debt in the liabilities section of the application.

Look for areas with stronger rental demand, lower property taxes, and minimal HOA fees to keep expenses down.

The seller gets paid in full . 

My recommendation is to see if you can work for a company in real estate or wholesaling that way you get training and education while getting paid 

I have 35k in the bank currently, so I also could simply be over my head going for a deal this expensive.