Is $107k your true net, or do you have any other expenses (mortgage, taxes, lodging taxes and fees, insurance, utilities, landscaping, WiFi, etc.)?

In my experience, the average Section 8 resident behaves differently than the average market rate resident, and the government-backed rent is not worth the added hassle.  

Finally the pro formas that they provide are absurdly basic and neglect at least 25% expenses, so are essentially useless. 

Padsplit seems like a neat idea to me, but seems expensive. 

The most difficult part of transitioning to real estate full time is covering living expenses after leaving a W2 job.

You could also reward staff for lease renewals, positive guest reviews, and reducing unnecessary expenses.

Then paint with a real expensive quality paint like Behr high-end products.

My first reaction to your post is if you're purchasing assets that are throwing off positive cash but your DTI is going up then it may be time to re-evaluate the type of assets or the expenses associated with those assets.  2.

When you charge under market rent, the IRS deems that you do not have a profit motive and, therefore, disallows all rental expenses. 

This affordability attracts buyers seeking value, especially those priced out of more expensive regions.3.