If I get multiple apps I will start with the ones that appear to be the best qualified on paper (based on income, length of lease desired, past rental and employment history) and I'll run those first.  

For 27 yrs i was a stay at home Mom and house wife with no income for the next 23 yrs. 

I always run my STRs with LTR rents also, as my back up plan if cities change permits or cause me to switch to LTR Thank you for your response,There are some areas that still have new homes for low $300s I figure with a good down payment I can get a bit of cash flow, I know I won’t get rich overnight but when rates go down I can refinance and hopefully in the future I will be in the position to buy some distressed properties and repair them, maximizing future income. 

I have a rental that has a great rate and low mortgage so I make a nice amount of income from it .

I sure like the idea of having lines of credit, and using to sweep income from our rentals into the line.  

So the real question is whether you have other income & reserves to invest locally.

Which means I have to have money to live on or other sources of income to keep me going during a project.

I own this own now for almost 4 years and it grosses almost $6k/mo. with around $2000-$2500 in cash flow.

I can't do anything to my rental to increase efficiencies in creating more income until it is vacant or the market decides I can.Businesses will require workers, that require leading, and that requires more patience and more hard decisions/conversations to make.

It's understandable to have reservations, but don't let excuses hinder your potential for passive income and wealth growth!