I accepted a tenant into a B class rental a few years back who was making low 6 figures at the time as a union boiler-maker but had NO CREDIT SCORE!

Inventory seems low, and I am trying to househack my first unit.

There was positive population growth, medium home price growth, low unemployment, good rent to home ratios, and low crime, all of which are factors when I start looking into an area to invest in.  

The denominator in the calculation is your capital/equity and with no debt the return on your existing equity is low.

I was thinking of starting a rent increase for my 1 bedroom tenant voucher due it being low and well under fair market value(Based on  hud and zip code) but my tenant is in the process of having a caretaker for her disability and getting approved for a two bedroom voucher.

Then it shifted to more flips and rentals, with a lot of discussions on how to capitalize since the credit markets were frozen.

If you fail, you can raise capital for my projects and will give you another Co-GP title. .......Or you can organically grow your real estate portfolio and credit worthiness &  keep the $30K. 

In moderate- or low-resource areas, developers also need to hold a public meeting within 45 days to gather feedback.

The better the rates, lenders generally want to see more experience, higher credit, occupancy and DSCR requirements. 

I've never had something that low, but I'm also looking at roughly $30k in equity on this property.