Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Both me and my wife have full time jobs. 3) That $5875 is the 25% of contribution that S-corp can make towards employee retirement. 4) Thank you so much for improving my understanding on how 401K limits are calculated.

While the co-signers add some security, the family’s newness to the U.S. and uncertain job situation make them a higher risk overall. 

And service sector jobs and wages follow where those top-line incomes go.

For a growth market to be growing, you need a lot of job and population migration. 

Since you have work history, if you get a job with salary income and a credit score above 640 (680 realistically), a conventional cashout refi is within reach as soon as you reach those metrics.

We live in the bay area because this is where our jobs are and we have family in the area, but we prefer to invest in landlord friendly states.

Anyways, good job on being where you are, you are in an enviable position.

Lots of investment in the region as well so hopefully quality job growth will continue.

Knowing which subs go deer hunting , fishing , will or wont work weekends , which ones are tied up on longer jobs , etc .