That does not require employment or job seasoning instead it uses the rents to qualify and you can take out up to 80% LTV cash.Use the cash to put down on the next 1-2 or more properties as long as the other properties are debt servicing themselves it opens up more opportuities to buy more future assets and increase your passice income.  

@John Perkins Help you find lenders that can increase your profitability on your projects and perhaps help you scale!

And if rents continue to increase in the area, the cash flow could be closer to $300 per month if I refi in about 2 years.

As other people have mentioned, does it increase risk of being rent controlled down the road?

All of my contacts in the financial sector say bitcoin futures trading is going to explode in 2018, so I think a 500% increase in the next 13 months when the floodgates are open to institutional money isn't a huge stretch.

By facilitating the closing process and leveraging a strategic marketing approach, we increased the property’s visibility and quickly found a buyer.

My recommendation would be to choose potential markets - in several price points - that have strong rental demand and year-over-year rent increases and that also are in markets that are appreciating. 

It’s now estimated that Texas has 31.29 million residents, up from the 2020 count of 29.15 million.But Texas also ranked as the top state in the nation for domestic migration and natural increases over the past year.

Recognize there are challenges doing BRRRRs since the rate increases that have occurred in the last couple years

If private companies continue to provide the insurance, I suspect we will see further increased premium costs which will need to be reflected in the rents tenants pay (all tenants: LTR, MTR, STR).