That 2nd requirement is  what makes it close to basically impossible with a W2 job.

Some are basically affordable housing and some are vacation type rentals.

I quickly fired the VA and the cold caller because they were not the right fit and I basically didn’t even interview them.

After that initial down payment, the bank will basically be financing your investments.

Learn about the Net Operating Income (NOI) and Capitalization Rate (Cap Rate)—these are essential to analyzing the potential profitability of a property.Return on Investment (ROI): There are different ways to calculate ROI in real estate, such as looking at your total return after a sale or assessing your rental income versus initial investment.

So basically $2M annually.So I could spend $200k and make $24,000 in a year, or I could spend $200k and make $2M in a year.

B class will be basically break even maybe slightly positive cash flow on a good deal with your typical 20% down payment and financing the rest with todays interest rates. 

But if they don’t even bother to fill out the forms to apply, or get a basic job to make ends meet, or borrow money from family or friends/ somebody else besides you, then they can’t stay.

Basically cash in the bank is a very good way to get an approval on bigger loan amounts or in general.

Quote from @John Jones: What is exactly included in the Basic subscription of Invelo, which is included with Pro BiggerPockets?