This guy is a gamble you should not take.I'm really floored that anyone here would even consider renting to this guy.  

If you’re rents dropped 20% you should still be in the positive long term or you’re gambling.

If you were single, no kids, I would still say not enough, but the gamble might be a little easier to swing. 

That's why I'd just take the $34 gamble. 

I think I could pony up and tough it out in a less desirable area if I had a feeling the neighborhood was “coming up”, but I’m not sure South Dallas is or how long of a game it is, so I think that’s why it feels like gambling.

It’s a gamble.  

We have a pretty good amount of equity in our primary right now and I always said that I don’t wanna mess up like my dad and take money from under the house but I wanted to so we can purchase a second rental property but my wife was against it and I think what you said is strong security does give you peace of mind and I rather not gamble my home.

Let that lawyer twiddle his thumbs deciding if this case is worth gambling his time over. 

Governor Desantis' Executive Order banning evictions for non payment of rent was extended through at least July 1st (and the CARES Act extends if even further if you have Fannie/Freddie financing in place or accept any type of Federal assistance such as Section 8).Even an eviction attorney's hand would be tied right now, and the courts are a gamble. 

I am a current US Resident but my investor partner is still in the UK so has requested that we form some sort of Legal Entity before we start acquiring properties.From my understanding, we will not be able to obtain financing for a newly formed LLC and transferring the properties into an LLC after purchase will trigger the “due on sale” clause - although I have heard that many lenders will not care too much about this.