For example, I mention that every adult must pay a $30 application fee, pass my credit/criminal background, make a combined income of 3x the rent, and whether or not the property accepts pets.

For instance, you can open a solo 401k retirement plan and make contributions as an employer and employee.

So is this just as simple as showing how much the property makes or do they also look at personal debt to income, credit score, reserves etc as well.

Quote from @Jonah Hartsburg: @James Martin - Have you considered working with a dedicated virtual assistant who can learn your processes and provide general admin support?  

I recommend considering your cash flow and debt-to-income ratio before making a decision, and consulting with a financial advisor to tailor the choice to your specific needs.Good luck!

Investors should fully understand that Section 8 is not a cure-all for Class C & D tenant challenges, it's just trading one set of problems for another.We see too many investors not doing enough research to fully understand all this and making naïve investing decisions.

What do you see as the biggest mistake new investors make.

But, these broad market studies are so large, they are almost meaningless, in the real world.Between glut of new supply in many "hot" markets coming online, a continually softening economic outlook, inflation over last couple years making day to day items feel cost prohibitive, many average renters are strapped and seeking lower cost housing.  

Luckily 2 got back to us and 1 of them was ready to sell but emotionally was struggling to make the commitment.

I plan to make 6 affordable residential units and 1 commercial unit in the existing building.