Use your W-2 income to qualify for multiple loans now, stack a few properties before quitting your job, and consider BRRRR or DSCR loans later to scale.

Jobs are always a good indicator of growth areas especially good high paying jobs.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

We also do not allow the tenant to patch holes or touch up the paint, because they usually do a terrible job that takes longer and costs more to fix. 

Do you have a W2 job in Atlanta?

Didn’t get any value from it due to not being able to be on almost all the zoom calls due to my job.

Hey Rajesh:I looked all over the west coast and couldn't find much in terms of markets/job growth/other infrastructure dev that showed appreciation and cash flow (both) would be very good.

Good luck getting that info from the guys who don’t speak English who cut down your trees for $1200. lol Not many people follow rules on anything, so?

The cleanout is about 10-15 feet from the curb, but they had to snake 70 feet, suggesting a potential city sewer issue.The plumber mentioned that if I report this to the city, they will likely request a secondary cleanout closer to the curb, which I would have to install at my expense (a costly job).

If you are going to get a DSCR loan, you cannot live in the home, end of story.There's plenty of qualified LO's around here who's job it is to find the best product for you.