Typically I would run a stress test to assure what my max purchasing/borrowing power would be because there are multiple factors that could influence your borrowing power such as house market prices, rates, income, liabilities.

And probably stress as well. 90k is good for a 25% DP + Closing Costs + Emergency Funds for about 300k (give or take some).

It’s important to focus on annual cash flow rather than stressing over monthly variations.

If it was a ch7 you have a better chance to get a property but ch 13 typically they don’t want to sell and if they do then you would need t convince them and the trustee to allow it to be sold.

You'll need a reliable network of local professionals (plumbers, electricians, handymen) you can trust.Hiring a Property Manager:Peace of Mind: They handle day-to-day operations, tenant communications, and legal compliance.Local Expertise: They understand the local market trends and rental laws in Colorado Springs.Cost: While there’s a fee, many find it worth the reduction in stress and time commitment.Lessons Learned from ExperienceBuild a Strong Local Team: Even if you manage the property yourself, having a dependable local handyman and a real estate attorney can save you headaches.Leverage Technology: Utilize property management software for rent collection, maintenance requests, and tenant screening.

You must be careful because handling tenants is a very stressful process but can yield great returns and if your investment is in the right place you may make a good profit!

We financed this deal using our typical approach—leveraging Partner Driven's resources and capital, allowing our partner, Rodney Lomax, to focus on property improvements without the stress of upfront financing.

This can provide you with a low-stress introduction to real estate investing.

What you call guaranteed income is what I call a lot of stress and governmental requirements to get the same or less rent than if you did a good job finding a property and put it up for rent on the open market.Section 8 rentals are for investors who want to keep replicating that strategy in the same area so they know all the regulations and all the players.

It's a very stressful situation.