This benefits me, because I'll still collect the rental payment and have the ability to evaluate the tenant before anything more long term is signed.

If there is enough equity within the properties based on their appraised value, you may be able to do a packaged loan for these two properties and then have enough equity for a down payment on another property.

Trust me in 5 years you'll be happy that you purchase in the westside of Atlanta .

Cash-flowing SFR's are tough to find in this interest rate environment without value-add rehab work or a large down payment.

I kept talking with the neighbor who had the trust of the daughter who was out of state. 

The problem is the longer we go paying this payment the farther behind we get on everything else and the lender isn't reporting the payments to the credit bureaus.

And all the tools that are out there.Ive got close to 100k cash that I can use towards a down payment on a 1br,1b condo(which seems reasonable and easier to rent near me).

Requirements for a DSCR loan is a down payment and a credit score.

I am trying to raise money from Friends and Family for putting together the down payment needs.

If I assume NO property value change, in 30 years, the WH property will have turned $383K (down payment plus $800 monthly negative loss of running the property) into $459K.