My husband and I just paid off all cc debt and have great credit scores now, so FINALLY we can start investing and having this info makes me feel so much better!

That means they have passed our initial screening process; everything except CC and BG check, which they pay for.

At 18, I would get a CC and use is sparingly.

The B, B-/C+,C areas of Columbus are very hot right now for BRRRRs due to the ARVs having rapidly gone up.

Establish business credit does not have to be an LLC sole proprietorship works to open a business, open bank accounts, get a business CC and a line of credit after the accounts second.

If you stick to fundamentals and aren't afraid to do some value add, you can be over 1% easy....C/C+ working class.I guess it's important to note we're 60,000 affordable housing units short of demand right now...the population is exploding and everything being built rents for over $2,000/mo. 

As it is for us, with no kids, we'll be forced to go to Amex, and then Citi, all sorts of different cards, all sorts of online accounts to change over, all sorts of web interface quirks and problems for each, all sorts of customer service quirks for each account...just too much baloney for our blood and too much risk of something going sideways and all the balls in the air to come crashing down.Keep in mind the CC companys rely on mismanagement of credit..

A person is only as smart as the questions they do ask rather than the ones they don't.But yes with your large amount of CC debt and no verifiable income that is paying it, your DTI with be way over 100% Most lenders won't give you anything with over 40-55ish% But even those are extreme cases.

Linking up with some other landlords in the area and networking might be the best you could do to truly decide if you are up to the challenge of managing and renting Class C - C- property.  

If you don't it is not that hard to save up.Please do not make the same mistake EVERY other investor makes, with a limiting mindset.What they do is this:"Ohh I have no money so I will go do D4D, CC, Door knocking and put bandit signs up".Because these are "free" right?