Rental Income Powerhouse: Can the property bring in enough rent to cover your costs and leave you with a healthy profit?

Right now we require two incomes in order to afford the mortgage and looking to downgrade/rent for a while and be a single income household so wouldnt be able to pay the mortgage for the house unless its being consistently rented on FF.

The benefit on DSCR is that it will ignore your personal debt to income ratio for qualification, but you don't get the low down payment options of owner-occupied conventional or FHA.  

I have read several threads on this, but I am a newbie and still a bit confused.We are married filing jointly with an income close to 150k last year.

Economies of scale helps a lot lol  You can even look at ways to generate an affiliate income from tenants which doesn’t affect your landlords in anyway and offers value to tenants.

While some use floating rate debt, for say, corporate unsecured lines of credit or capital commitment facilities, they also tend to use Swaps versus interest rate caps, and often times will build interest rate collars on their floating rate debt.  

In 60 days I will have a good income but I’d rather not lose my car or be without electricity.

Clarification question....some are saying gross management fees, others just gross income.

I think a guaranteed 7 or 8 % interest rate on a home loan is gonna generate more income than most other less riskier investments.  

Most investors walk a building, identify windows and other benchmarks and rely on these elements in coming to their own conclusion on unit layouts and unit count.