With its growing popularity, the area is undergoing a revitalization, and lots within walking distance of downtown are still affordable—though that won’t last long.

Hi - you sound like a perfect candidate for the "DSCR Loan" option - its the loan type thats popular wwith investors and one of the big reasons why is the exact situation you are describing - running into DTI troubles. 

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

I believe this is one reason none of the deals I analyze are cash-flowing.2.

Go onto Redfin and analyze the data as to who is moving there and advertise in those areas also for tenants who might be moving to that area. 

I am not trying to be negative or a Karen, but being real so you can analyze all your options on what course of action you should take for your business and what risk level you are comfortable with.

On Page 134, he lists the following when analyzing a deal:Sales Price: $132,490.00Sales Expenses: $17,000.00Loan Balance: $55,004.72Total Invested Capital: $35,950.00Profit: $24,535.28I agree with his thought process here when he calculates net profit, but I'm trying to verify the net profit by adding up all the sources of income over the past five years in his example by doing the following:Appreciation over five years=$12,490 (see chart on Page 133).Cash flow ($297.73x12x5)=$17,863.80 over five years.Loan paydown: ($60,000-55,004.72)=$4,995.28 over five years.Sales Expenses are still $17,000.Doing the math, profit= $12,490+$17,863.80+$4,995.28-$17,000=$18,349.08There is a $6,186.20 difference from the net profit he calculates.My question is: Is this $6,186.20 difference due to the forced appreciation gained in the property from the rehab he does in this example?

That is great you are in nursing, one popular strategy we see a lot lately is renting to traveling nurses using a "mid-term" rental strategy.

Hey BP! I am working on my future plan for investing. As I currently live in NJ and plan to buy another house hack in the coming months, I want to think further ahead as well. I have it stuck in my head that if I want...

I always account for this expense when I analyze a property.