You want to make your investment as passive as possible and using a property manager allows you to do that.

Analyze Rental Income PotentialRun the numbers for your specific property.

I  Income:  The amount of property you can buy will be dependent on your Debt to Income ratio.  

I've seen some people house hack a single family home by renting out the rooms, but keep in mind that traditional lenders would not be able to use the income from renting out the rooms (known as boarder income) towards additional income on the application.

If you ever decide you want a more passive approach, there are turnkey companies out there that handle everything for you.

DSCR loans won't use your income to underwrite the loan.

.- Builds long-term wealth - Generates rental income - Increases equityCons.- Complex process - Requires financing - Dependent on market conditionsAirbnb:Pros.- Potential for higher returns - Flexible pricing - Short-term commitmentCons.- Requires active management - Subject to regulatory risks - Income can vary seasonallyI wish you the best in your new venture.

I was looking at DSCR loans because they don't require extensive checks like the bank loans and they "only" look at the income generated from the property to qualify for the loan.

Would her income cover rent for a new home?

I have all the income and expenses.