If I can have them produce a company letter that shows reimbursement offer for 12 months, is not that good enough? 

I don't think anyone will be able to produce a complete list or map of "good" and "bad" areas for you.

If simply trying to determine if the an investment property's price is good given the income it'll produce, comparing the Cap Rate (Purchase Price to Income) may help give a more apples to apples comparison to other investors in the area as it doesn't account for how the purchase was funded.That being said, cash-on-cash is a good way to determine if the investment your selecting is the best use of the resources (cash).  

So your value will be determined based on closed sales comps, regardless of the income it produces. 

Now if your main goal and consideration is simply cash flow than analyze both types of properties and see what produces more per month.

To qualify for a non-recourse loan the lender will be looking at the property and the income this property produce, not at your personal income.

That's great for experienced agents who don't need guidance, but for new agents, it's a recipe for disaster.One thing to look for is whether the managing broker is a top producer in whatever office you look at. 

I would reply with: "Is the use of multiple forms of negation within the construct "ex ex felon" intended to cancel each other out to produce an affirmative, or were you intending to intensify the negation, such as by adding emphasis? 

I wasn't looking for this kind of opportunity to begin with, my realtor knew I was interested in income producing properties so he brought this to me today.

I did then as I do now, I buy and sell houses to create cashflowing assets for the future.So to make 50k year, you need 500k in net assets producing 10% year.I tend to make at least 25k a house, so that 500k would be 40 deals.Can you do 40 deals over the next 6 years?