A satellite to St Cloud, low median incomes, little to no growth, limited employment, just not a lot happening there.

I am currently employed in retail sales and am very excited to start my real estate investment portfolio!  

I have a remote job living in Austin and $120K cash and $20K on my employer 401k.

Trouble is that I don't yet have long-term employment in place (just moved to the area a month ago).

They give 3 three year forbearances-1 for if one did not find employment or underemployment in the job they were expecting, another 1 for similar financial hardship if their salary is under a certain threshold, and another 3 years for any no particular reason if requested.

when i worked for a syndicator back in the late 80s and tax reform hit.. they had all sorts of problems which eventually took the entire company down and they had over 250 different partnerships ( different buildings apartments senior housing MHP shopping centers land development  the land development was what I was employed to work on.).And this was prime Northern CA real estate Bay Area and Sacramento..

PM company did not send me an eviction report.I got my report from running background check on the tenant with her first and last name and cross-referenced it with the info the management company provided me about her employment and other info.

The worst PM imitation I ever had the misfortune of employing

I decided at the beginning I only wanted to rent to people who were gainfully employed (or students that had gainfully employed parents), had no criminal record, decent credit scores, no charge offs or bankruptcies, steady & stable job history, and the like.

We call the employer, and we never use the phone number provided by the applicant because they could be routing us to a friend or family member.