I didn't see a minimum DSCR (or Rent to Debt Service), depending on the lender.Because I run my business myself my expenses are little to nothing above and beyond my mortgage and escrow payments. 

Those who teach and provide information are providing a service. 

What type of asset are you looking to purchase?

Your biggest challenge will be what to do when something goes wrong: nonpaying tenants, maintenance, mother nature damage, etc.Recommend you include these in any management agreement you sign, so you're not overcharged when you need these services.

Hi Jared,Im not the passive type—it’s just not in my nature.

The Tenant Class greatly impacts rental income stability and property maintenance/damage by tenants.Both Property Classand Tenant Class affect what type of contractors, handymen and property management companies will work on a property.If you buy & renovate a property in Class D area to Class A standards, what Tenant Class will rent it?

I highly recommend you create an "Animal Addendum" which is a set of rules for any animal, whether it's a pet or service animal.

What type of property are you thinking about? 

It will cost a lot to redo do all the services.  

What made you interested in investing in this type of deal?