Lenders want to at least see that investor have enough liquid asset for the 25% down payment and around 12 months of PITI reserves.

But I digress.I think that allowing "sophisticated" investors into deals that were previously reserved for accredited investors makes a lot of sense.  

If they are breaking the current lease per the agreement and current landlord has confirmed all monies due have been satisfied, all is good.  

Some terms, like reserves and  down payment requirements change on the 5th to 10th mortgage (including primary), but I don't think it changes the DTI requirement.  

As long as you have appropriate reserves and that $100 cash flow truly accounts for the appropriate amount of capX, repairs, management, etc...

As an investment, these are nice numbers, sans the cashflow - - a tad low for me.Make sure your Reserves and taxes are reasonable.

I am not sure if the court will call them BS as long as the corporation hold its meeting and file corp requirements, while the judge can call it, you can also fight for it, a discussion that is reserved for another day.

Ironically, the high w2 earnings may be the ticket out as you will be more likely to get the loans on the investment properties with those great earnings and reserves.....two years may be  challenge to replace all your earnings but you could get started.

Not sure what your 'monthly price range' means, and I doubt other do either.In any scenario, you will need reserves.  

On Thursday the 21st of this month there is a landlording and networking meeting at Tommy's Pizza on Dublin-Granville from around 6 - 8:30 PM.Check their website to confirm but COREE meeting is usually the first Tuesday of the month at (I think) the Doubletree in Crosswoods.