@Justin FondrenIf your credit score is in the 700–730 range, you're in a great position to secure favorable loan terms.

A successful rental property should offer positive cash flow, meaning your rental income should exceed your monthly expenses (mortgage, taxes, insurance, maintenance, etc.).To find the right tenants, ensure the property is priced competitively within the local rental market.

I plan on getting a property every year until I retire if I can find a good deal that cash flows positively.

You can decline them off their credit, background and for not having 2 past positive references.

I highly recommend you play with that tool to start getting an understanding of what things you can do to positively affect your credit! 

I like that you came on here and at a minimum attempted to defend your position. 

You're not in the position to be a cash buyer...as a former wealth manager, it's simply not a good play for you for many of the reasons stated above and more.  

or just explain as in a demand.it this 40k gross or Net.average rentals these days produce either negative cash flow or 100 to 200 to 500 a month positive depends on how much you put down. if you pay cash much higher.but lets do average 200 month positive and lets say you meant to ask NET cash flow to live on. then you need to take 40k divide by 200.00 and there you go you need 200 doors .

My experience so far has been positive, but it's early days.

And start from a position of strength rather than getting into a property right before you go back to finish up school and have no income for a year.