The typical formula is 20-25% down + rental income greater than mortgage payment + good personal credit and PG = DSCR. 

What good do you think a co-signer is?

NETWORK, but again, cash as is close in 10 days, that gets you a good rep Good luck 

Correct it appears some words don’t really have adequate synonyms that are simpler so it is good to know those for sure. 

Google Kumulori.com to see book.Is this a good type of local gift product for Airbnb and hotels?  

Good old Uncle Sam.For most folks in the US, taxes are anywhere from 30-50% of their gross income every year.To protect yourself, you should do 2 key things.1.

In all fairness, making between $300-$400K on deals this size is incredibly good money given the time you spend.

A 5-6 cap rental property, even one that is paid off, is about as good, after tax, probably lower risk than continuously doing due diligence on borrower after borrower and deal after deal 1-2X per year in perpetuity. 

The good news is that this is normal.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.