While debt to income is obviously a key factor in approving a loan, I'm assuming you'll choose a property that improves your debt to income ration (because it should be making you money, correct?)

I think most rational humans would feel sympathy for the person.

Take as much as out of the property as you can but do not exceed 2:1 debt to income ration.

If you can add and subtract, AND NOT RATIONALIZE bad numbers, market analysis is easy...but make no mistake about it, it is the most important analysis you will do.  

Not saying it’s not possible but it’s easy to rationalize stuff and do mathematics gymnastics to trick yourself into a lousy deal .

I am curious @PaulKhazansky what your rational is for staying out of these small markets?

Same as why I think my opinion about LU is relevant (perhaps moreso) than a non-member.It definitely seems like you're rationalizing/defending your choice to join them which again if it worked for you then it was worth it.It was worth it for me and many others that I know personally.  

Because of that, real estate investors in California will compromise on cashflow for appreciation (Oakland, for example), but that's a (rational) choice, nothing stops anyone from chasing pure cashflow in the Great Valley (Fresno), Foothills, or along the Oregon border (this last one is fairly rare). 

ONLY buy a property based off:Your criteriaThe ACTUAL numbers’DO NOT RATIONALIZE OUTSIDE OF THIS You do your analysis from home, pay go out when you have a LIVE ONE Form a team for long distance Keep your eye on payday, you only need a few solid deals for this to work Chapter 8: Where to get the money Banks love apartment buildings 3 Types of Lenders:Local, National and Conduit lenders.Go to a local bank, open an account, put your money in it, then schmooze.If you’re from out of state, go to them and do lunch.

It has to be a rational rationale :) so that your accountant feels they can defend.