We are shooting for 3x income, but might settle for as low as 2x, if the person seems like a good candidate.

If you are looking at a STR deal in the Smokeys, I suggest using a DSCR loan to buy something turnkey and just qualify with AirDNA projected income.

. - based on personal Income, Credit, DTI, etc (1-8 days)3.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

We plan to build 10 duplexes around OSU and keep them for ourselves for passive income.

The amount of people relying on RAFT for first, last and security is extremely common in lower income areas since they are typically living paycheck to paycheck and it is hard to come up with deposit to move into a new place.

My current income is sufficient enough to cover my living expenses, live comfortably, and put a portion toward savings each month.

By accelerating your depreciation schedules, you reduce your taxable income which in turn increases your operating cash flow.With the increased popularity, it has created an increase in cost segregation companies and technologies all trying to offer quick and inexpensive reports.

Quote from @Avi Zarbavel: Hello Bigger Pockets, My team and I are looking for a tip to point us into the right direction of She would need to qualify income wise and family size wise and apply to the housing authorities likely in the Cleveland area.   

If I have a beach house that is booked heavily in the summer but not in the winter, I could have a house in the mountains that would still be booked in the winter to offset the lack of income from the beach houseCons- Harder to manage from far away- Would need to stay familiar with laws in each areaAny thoughts?