The management team consists of four (4) in the front offices and here is their traffic & rent numbers for last week (week ending March 25, 2018). 

stated the following:"not being able to demonstrate a history of payments that the vast majority of Americans are making each and every month can actually delay you significantly.When you ask a bank for a loan, especially if you are a first time buyer applying for FHA financing, the lender will want to see the following: Your credit scoreYour incomeA track record of consistent and significant paymentsHere are some examples of payments that you’ll want to have made (consistently) for at least a year if you are looking to get financing for your first property:Item #1. 

west side will be very consistent.

If you go more higher end, your cash flow will be lower but the tenants take better care of the properties and tend to be able to pay rent consistently and on time - less headache.But pick a market and spend 6 months visiting it, meeting people and looking at deals.

Lenders worry that a base of investors consisting of tapped-out IRAs couldn't step up if needed. 

The most money you might earn is let us say $700.00 x 40 = $28,000.00 and not that the business would ever be that consistent.

Those $250k homes are now consistently $300-$350 with roughly the same amount of income.

This is not an anomaly, and even though it has basically been a strong buyers market nonstop since then, data from earlier than that is still consistent in that appreciation does exist here. 

I think the point here is that working hard and being consistent CAN increase the likelihood of success.

I also use cash flow analysis such as income vs expense, 50% rule and multipliers that adjust according to the neighborhoods.I only charge 5% of ARV or 10-20% of equity.