She makes about $35k/year, but after inquires to multiple banks, they are saying her income is not high enough to pull out sufficient equity.

I agree with Adam that there's not enough information here to say who is at fault.If you are spending all your income on maintenance after three years, then I would say you are being cheated by the PM or you bought a real dump.Personally, I would suck it up and find an expensive, but reliable, contractor to visit the property with me and make an assessment of what needs to be done to fix the property and stop the bleeding.

Just wanted to share, I've noticed a loosening in down payment requirements for DSCR (debt service ratio loans) that either use the actual or proposed rental income to qualify.

Currently, we have them in a money market savings account, but I believe there are better options out there that offer higher returns while still being liquid and low-risk.I'd love to hear from other operators:Where do you park your reserve funds?

My undergrad was accounting before I went into banking.

- ie can one structure the acquisition with fixed rate debt where the property will be “self-supporting” - produce enough income to pay all operating amd debts expenses with a little left over as cash flow - as a protective layer for the inevitable downtown.2.

I gave enough time for the weekends and processing to see if anything deposited into my account but nothing.

Assuming #2, and rental income of $50k/mo (ex. 25 units @ $2000), how much would we reasonably expect to take home (Net rental income not counting taxes)?

The challenge here is that they do not track income and cost at the Unit level, they only track it at the property level.  

Some states have source of income protections that would not allow you to decline an applicant solely based off of their participation in section 8.