Maybe the dude's just ready for the funny farm and you caught him after he took his meds and before he hit the hay for an afternoon snooze in the sweet arms of whatever smack he's on.Seriously, you just asked the owner how much rent the portfolio takes in and he played big-man-don't-waste-my-time on you?

So yes, it's doable, but not easy in this market at all. 

Hey guys! 
Quick question: can you use a DSCR loan to acquire section 8 housing? If so, what ratio would be necessary? Thanks! 
-Nick

Tree clearing, grubbing, moving dirt for cut/fill operations, storm water, power, gas, water, fire access etc. not a small task but doable.  

If that is actually doable and you are open to expanding with a silent investor, then hit me up.  

That is what insurance is for :)Insurance is a royal pain in the *** right now, but is still doable with the returns on the right property. 

But if you just want rentals on the side, that is very doable without going the wholesaling route.

It's going to require a little more work than your standard single-family residence but it's totally doable.  

I can see a re-roof or mechanical upgrades pushing that number higher than normal for a couple of years if he was making improvements to the property.On the utilities were any of those 13 units not paying utilities before but now are where again you could see if the lender will back them out as they are no longer an on going expense even though they were included before.It might not get you where you need to be, but it could be a start to at least get the expenses back down to 60-65% so maybe it would be doable with your lender.

One thing I will say is you can absolutely find great cash flowing deals in New Britain....Hartford may be a little tougher because of higher taxes but still doable.