FICO, experience, and LTV are also factors but this is the basis of the loan.

There are many people on instagram and other platforms selling courses appearing in a certain image, selling a lifestyle that is not 100% congruent with reality and sometimes reality can strike hard and shatter perceived illusions. 

Factor in accurate, but worst case scenario numbers.

I may be 19 but that does not have any factor in how I efficiently operate my business, as you can see.

Note: I'll caveat: I believe that other factors should be considered when analyzing the market as well (i.e. economic growth/stability, low crime rate, affordability, etc.)

Make sure we're accounting for the appreciation, cost of the sale, cost of the purchase and one of my favorite factors, the risk.

That is something that is growing due to the limitations of STR.MTR is something that will help you but you will have to be a bit flexible in the times that you are planning to come in.Management is cheaper than STR, but you have to consider other factors such as close to places where those MTR are in need.

Look at the economics / population rates & other driving factors pushing the market into the future. 

Well worth the money, plus you will have already factored that expense in to your cash-on-cash requirements to justify a purchase decision)4. 

Detroit is appreciating rapidly, due to many factors, and it still cash flows or at least allows you to operate near break even.