So, if the co-signer owns real estate that is usually sufficient.

Antioch is a solid area to focus on for a very diverse range of deals. 

@Hector Espinosa While cap rates can vary widely from one market/city to another and from one type and class of property to another (and based on the quality of the tenant), I did a quick search on LoopNet for MF properties currently for sale in SD and most "asking prices" suggest cap rates in the 4%-5% range.

I think you'll find that's a unique range and won't have as much competition.

Look at buying my first investment property (probably a house in the 100-150k range) and begin looking for a tennant.I can imagine there a lot of different theories/ideas with what one could do here--I am just curious to see what other people think.

With that being said, there are creative ways to scale SFH or MF home rental still sufficiently. happy to connect and strategize if you have any DSCR or investment-specific Q's.

We think it’s important as it allows us to check for Non-Sufficient Funds (NSF) issues and to determine if an applicant is living paycheck-to-paycheck.

Using a HELOC on Property A to fund a rental in the $150-200K range could work well if you're focused on steady cash flow.

Beware that they advertise interest rates in the 2 - 4% range while the real rate is more in the 10 - 20% range.e.

Just sent several clients today some in $125-$150K range, but they pretty rough, but rented at 1% rule and not in the best areas.