What is your long term employment like? 

Rest assure you can hire live in domestic help and terminate without eviction process in Cali.thanks,MattMatt:  How do you suggest someone take advantage of this "full protection by law" you are claiming employers of live-in help have.  

I agree with someone earlier, you have to remember who your talking about, Dave Ramsey is really more geared for a 'regular' employed person with no cash flowing business,,,,not someone that is a professional real estate investor that knows how to make money with debt.If I followed Ramsey's model I would own 1 house, all cash,,and cash flow about $800 a month,,,I own 5 properties with debt and cash flow about $2750 a month,,,which do you think is better (and have over 25% equity in each of them)

That will cover the timely paid rent.I assume you already run their credit and it checked out fine, so just make sure you also verify employment and ask their employer if they will rent to these tenants if they were landlords.Good luck!

I know several that employ that strategy.  

[citation needed]After graduating in 1984, Cramer's plans to become a prosecutor were dashed when he was denied employment with the Office of the United States Attorney for the Southern District of New York, headed at the time by Rudy Giuliani, because his law school grades were deemed not good enough.[3]Cramer was admitted to the New York State Bar in 1985 and his current status with the NY Bar is "delinquent".[6][edit] InvestorCramer obtained employment in 1984 as a stock broker in Goldman Sachs' Sales & Trading department.

I've been self-employed for about 12 years now.

But at the end of the day the whole "bait and hook" style of the expo really pissed me off.

Employment history and income need to be evaluated to really help make a great recommendation.What has your mortgage professional advised?

My FICO is above 700, but they want to see employment income.