Alternatively the other side of the city (Pikesville, Towson outskirts) still decent rentals but they are farther from employment centers.

Sounds like this could possibly be a Schedule C activity so keep self employment tax in mind.

Where another issue arrises is I recently quit my job after becoming pregnant as they would not cover my maternity while overseas, my husband is employed however he works for a UK company and is British so would be unlikely to help us with the situation in the US.

Lastly, always keep your job and build your employment foundation because that keeps you income relevant and lendable.Hey thanks for your reply!

Non-QM I can do things like bank statement, self-employed, ITIN, Jumbo, blah blah blah.

Memphis is home to major employers like FedEx and has a booming logistics and healthcare industry.

I think that strategy works best in higher areas or mid term rentals near major employers.  

When evaluating markets for rental properties, there are a lot of factors to consider: population growth, employment rates, rent to price ratio/GRM/Cap Rate, rent trends, vacancy rates, etc. 

Employment Rate: Italy has historically had one of the lowest employment rates in Europe.

I have a pretty large emergency fund in place for those properties, but I wonder if that capital could be better employed elsewhere (potentially acquire another property).