I think you get the idea of how much I make.This is the monthly statement for my business. 

If you have extra cash at the end of the month, then do double up payments on the mortgages so the principle is reduced and this will increase your heloc room.

Quote from @Jadan Williams: Hello bigger pockets experts, I currently live in california but will list my house for sale within the next couple months i want to use between 100-200k for an investment but not sure how to go about it.

So I picked up a few books which includes, "The Book on Investing In Real Estate With No (and Low) Money Down," and "The Book on Rental Property Investing," both by Brandon Turner, which introduced me to the BiggerPockets community.With a decade of experience in property management under my belt, along with my property management certifications and an NC real estate broker’s license (with Broker-In-Charge designation), I’m eager to leverage my background to secure long-term financial stability for my family.

Previously though most of the MTRs stayed 3-6 months, so we've averaged about 3 turns per year, with about 1 week between tenants. 

There is the Experian Boost that adds monthly utility bills as credit and various apps and facebook groups.

On a DSCR loan you could do 80% LTV, however the property needs 12 months STR history or you need to show you own at least 1 STR in the past 12 months. 

Just like how Johnson & Johnson or Coca-Cola send you quarterly dividend checks, your tenants are sending you monthly "dividends" in the form of rent.

I am looking to purchase my first rental property here in the next month or 2.

It happened to coincide with Hurrican Harvey and we flooded during the rehab. 212 extended the HM loan without any extra fees for 4 months until December 31 2017.