Don't count on being able to pay both, but if you can that's great. 

To sum this article up, it states the banks allow 75% of current rental income to be counted as an individuals income towards the new/future mortgage, and 75% of the potential future rental income on the property which the new/future mortgage is for to count as well (as long as you have 2+ years landlord experience).Example: Your day job income is $80,000/year.  

I am definently not counting on appreciation, but it would certainly be a nice touch.

I often see tilesetters on the home improvement shows using the score & snap and find myself wondering why they aren't using a wet saw; I bought mine at Home Depot many years ago for under $100 and have done more kitchens and baths than I can count.

PS: I suck with rotozip myself, even though I've cut more holes than I'd ever want to count.

I can count on one hand the number of investors that buy 99% of my deals.

I don’t “count” on rent appreciation to make a deal work which has me on the sidelines right now (always overbid) but that’s ok, I am not willing to risk the market turning on me.

(Owner covers water and garbage.)Turbotax will not account this as rental income, and wants to count it as self-employment income on Schedule C.  

Looking at traffic counts was the first thing we did.

They don't count towards the Fannie/Freddie limit of 10.Each DSCR lender has its own limits.