Add in that money goes out many months before any generated income, the worse financing options versus purchase financing, the detraction of something (even if it is just yard space) from the primary unit, the work involved even hands off is at least as high as a BRRRR but a brrrr can provide an infinite return. 

Based on the information that you have provided.

An M2M lease still provides both parties an agreement and protection. 

It's also included in the Rental Qualification Criteria given to applicants.]I provide approved tenants with the utility company information (name, phone #, website, etc.), as well as a link to https://www.fayetteville-ar.gov/4052/My-Fayetteville-Service...

Not allocating cap ex and maintenance because an item is not expected to fail soon is simply providing a misleading return estimate.  10% maintenance/cap ex ($132) is less than half of reality and maybe less than 1/3 of reality.  

Some people use bank statements, but I am more comfortable using tax statements (e.g. 1099). 

The way I understand it, you can own another home and still qualify for Fannie Mae's 5% down payment option for multifamily properties, provided you meet certain conditions.

Noelle,I am a NJ landlord/tenant attorney, and based on the information provided, it seems that moving forward on both grounds for eviction, non-payment of rent, and owner-occupied would be the appropriate move.

While a title company might provide a note and mortgage, it will not prepare a complete, bulletproof loan package.Our package comprises over 20 loan documents including a note, deed of trust, personal guarantee, lender’s instructions, business purpose loan certification, entity certification, various federal and state compliance disclosures, and more.

Our ultimate goal is to invest in rental properties, which will not only secure our financial future but also provide a stable foundation for our children.