Be sure to factor in repair costs to keep things profitable.

And one point the OP made about their credit.. only gurus talk about that.. by the time someone is days away from foreclosure their credit is trashed  having it actually go to sale will hurt a tiny bit .. but your not saving anything. 

That means fewer vacancies and steady rental income.The city’s economy is another big factor.

If scaling quickly is your goal, DSCR loans are a great tool for the refi portion since there’s no 12 month seasoning requirement like conventional loans, and DTI isn’t a factor. 

Not only for the census ending in 2020 but also the projected population from 2020 to 2025.I agree that population increase is important and should be factored in when analyzing a property. 

I have about $40,000 net a year after reserves and everything but have $500k+ of equity in them.A big factor is also who you have do repairs.

@Eli Fazzo, Almost every location is going to have some surprises that you just have to factor in when looking at investing in real estate. 

Is that factored in?

Have you looked into property management options or run numbers factoring in potential vacancies and maintenance?

Insurance is now a big factor in the expenses of investment properties, even here in Reno, NV there are areas that have had large increases for single and multifamily properties.