I will check out J Scotts book.

It's probably just worth walking away on this one unless you got a really good price.

All the numbers checked out and I went through with the purchase. 

Quote from @Jeff Calcaterra: We have a potential tenant new to the area who has gone through a paid background check, signed a background check authorization form, sent us a LinkedIn profile, sent an offer letter and says he is willing to send us paycheck stubs, but says he doesn't want us to call HR to verify employment because he is supposed to have found housing already.

@Tim Holt It's absolutely worth it.

if that doesn't sound worth it to you - then we're back to that HYSA. 

If it's worth $1.3 million today, it will be worth $3 million or more in 20 years, you'll have paid off the debt (or most of it), you'll earn at least $3 million in cash flow over those 20 years, and you'll have tax benefits.

I also kept my first home and it is paid off now and worth approximately $150k, with current renters. 

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

@Michael AddisonSomething else worth mentioning is if you plan on buying a QM loan you need to buy it in your personal name.