It took about 5 years for my assets to start covering my expenses.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

As long as the rents can cover both the current PITI and proposed P&I payment, credit is at least 680. you should be able to qualify. 

I only have enough funds for a 20-25% downpayment and was looking to do a DSCR loan to cover the rest.

There is way more things that can be covered and any attorney can correct me on here, but these are the ways we understand how to make it work.

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

If I rent it out and the rent monthly payment let's say covers the mortgage and HOA, the cash on cash return will be $40K(appreciation)/($ 42K (Down payment) = 95% and it will be 1.95 to find the cubit root and it is about 25% yearly return on my initial investment. 

You'll want the rents to at least cover the monthly principal, interest, taxes and insurance (and HOA if there is one).

If you are looking for more appreciation and can afford to cover a few hundred dollars a month of negative cash flow then I'd recommend looking at Gilbert.

I just saw that Antonella Parra Gonzalez, a third-grader at Harris Elementary School in Gilbert Public Schools, recently received the Arizona English Learner Students Success Story Award.Here in Austin, many investors are asking me to set up searches in Eanes ISD, Round Rock ISD (that also cover some homes within the Austin city limits), and then of course Leander and Lake Travis ISD.