I will try and get some pictures of this thing later for perspective.

They are very helpful for some one new to figure out the numbers such as COC, ROE, Cap rate... etc and gives you a better perspective on how best the numbers might serve your purpose.

@Robert Hursey from the lending perspective if you need a loan to buy your next property you can get a loan in a business entity name with a "portfolio" loan.  

Thank you each for your input above.I appreciate each perspective.

Disclaimer: Never dealt with any of the ugly home companies just my perspective. 

Just ran some numbers talked to a friend of mine that referred me to this video and this really put things into perspective for me!

I needed the reassurance and some other perspectives on how to handle this.  

From their perspective, you have a great credit score and solid income, but you're still a human being.

From the same video above:But you are correct, there are a lot of high paying jobs coming into the area, and most of the migration out is from middle and lower class families:Although from a strictly objective standpoint, I believe it's smarter to invest in an area that has a diverse economy and supports job growth for a range of incomes than one that only supports high income jobs from a single industry.Further, household demographics are shifting too.

Usually a lot of what we find is regular wear-and-tear type stuff that we don't charge back, or often foundation related (our Texas soils move so much, the foundations shift and cause all manner of problems inside the house).