I live in CA and these are in Arkansas.

Hot Springs, AR; Rossville, GA; Rome, GA; Cleveland, GA

I am with Connected Investors and I am also a Realtor in Northwest Arkansas.

ND, SD, WY, and I think Arkansas.

Things have changed, most unfortunately.But, I do invest in Texas, Arizona, Ohio, Indiana, Tennessee, and Arkansas.

I live in Arkansas, and my in-laws live in El Paso, TX.

@Brandon Hall From an accounting perspective yes that would be the "operations view," but from a lending and banking point of view the cash flow statement is the most important aside from the profit and loss statement since the earnings could be stored in current assets or accounts receivables and the turn time on converting that AR/asset into "cash," may be many days out.I guess if you're doing your P&L on a cash basis and this is only rental real estate then that could be used, however there are other deductions we add back that aren't typical that affect qualifying income such as .23 cents per business mileage (IRS rate for depreciation for bus. miles) claimed on line 44A of schedule C, home office use, we give the borrower back half of the SE tax since a normal wage earner would only have to pay half we try to put the SE borrower on the same playing field and more.

Here in Arkansas, you would probably have to use the unlawful detainer process to evict the occupants of your newly acquired property.  

I was going to say, if you only went off caliber, someone could riddle the wall with an AR and say "but its only a .22"  

@Paul Wurster How is the market in Arkansas?