I'm objectively comparing this to small SFR's in our mid-west market, but you'll have all the expenses we have ON TOP of that payment (capex, vacancy, insurance, etc) .

I think this is one of the most important things to focus on because it can help guide you on your path and keep you on task.Stay the course and do not get distracted by this weeks shiny object.

Also, if you want any help looking at a property--I've done that for people who are at a distance who want an objective set of "investors eyes" on the property. 

I most appreciate your objectivity in your explanations and that you conveyed the math.

Is is relatively passive, but not objectively passive.

Hi Hunter, there is a great book called "Florida Foreclosure Sales: How to become and stay wealthy by mastering objections, marketability, and possession by Natalia Ouellette Grice.

You could certainly make a plan to buy houses at 75% LTV until your DTI is too high for conforming loans, then pause and let your DTI come back down, or find non-conforming lenders with more relaxed DTI rules at the expense of paying higher interest rates.It's a matter of looking objectively at your budget and deciding how many worse case scenarios you can absorb.

Since they are being asked to put their cash into your deal, they are going to give you solid honest feedback, all the objectivity you can ask for.Of course you have to be smart enough to listen, if/when they tell you that your deal is a turd, but if you are viewing them as a 'paid consultant' and not just a private banker, then you are going to be way more willing to listen. 

What are her objectives?

Most people operate under the mindset of "if it ain't broke, don't fix it" and have a hard time stepping back to see things objectively.