Certainly your guess won’t stand up in tax court.

While estimates suggest higher returns (10-20%) than traditional rentals, additional costs and complexities come into play.

Thank you all for the suggestions!!!!  

When I spoke to an investor friend of mine, they suggested staying away from that neighborhood because it was built on top of a swamp and that the houses there have a higher likelihood to have foundation problems.I wanted to see if there is a way to verify their claim.

@Patricia C. looks like there's a lot of DSCR suggestions.

We as a firm have investors working with us who have rental properties all over the US big and small.Finding a real estate-focused tax professional and one who can help with advisory and grow with you would be my suggestion to focus your efforts on finding.

I earlier suggested a guarantor with deep pockets primarily because the situation sounds non-typical, and from a bank's perspective "high risk" so having a wealthy guarantor they can go after would help to mitigate some of that risk for them.

If anyone has any suggestions, they would be greatly appreciated.

I'd suggest checking out the Toto Drake or the Kohler Wellworth.

All I can say is I have a burning desire to gain the knowledge necessary for success in real-estate.Down to the point of this post, I would love to hear from any of you who would be willing to provide me with suggestions of materials that were key to YOUR success and how it helped you.