.🔹 How It Works:If your rental income falls short of covering your mortgage (PITI), you can use liquid assets to supplement your income.

Wyoming has no state income tax.4.

Figured there would be a few data points left out of the equation' that I would need to circle back with :) .There are additional units not rented at this time which could be rented to increase the income.

You can purchase a primary home with seller financing, then rent out the spare rooms to generate income.

The rental income from the first home will pay for the mortgage/monthly costs.  

But it’s not passive—it’s work.

All the other real estate in my businesses are counted as assets minus the debt liabilities for net worth purposes and the business income that comes to me is counted as part of my personal income.

Find out through asking the right questions what will help solve any existing problems, that will give the seller a nice monthly Passive Income Stream, etc. 4.

May give you enough income to lower your DTI.

Market fundamentals to consider: population growth, average income, median home price and average rent, crime rate.