Probably not good for something that grosses $30k but will provide outsized value on larger bookings. 

Gross beaches and just plain sucked.

There are some key limitations that are important:Passive losses can only offset passive income.Up to $25,000 in passive rental losses may be deducted against non-passive income if the investor actively participates and their modified adjusted gross income is below $100,000.Unused passive losses are carried forward to future tax years.Here’s an IRS article that further discusses the rules: https://www.irs.gov/publications/p9251031 ExchangesThis strategy allows investors to defer capital gains tax when they sell a property if they invest the sale proceeds into a “like-kind” property.

Out of curiosity apprx what percentage of loans are issued to w2 employees vs self employed/small biz owners?

We're pretty conservative with our numbers, so we set vacancy at 1 month rent lost every 12 months, or 8.33% of gross rents.

If possible find the larger companies, my current and former company both have more than 1000 employees and have been operating for decades in this market.

I know some who make lots of low offers or are offering out of state either don't look at it before contract or have an agent or employee do so.

The $1,000/month is a gross number and doesn't include Insurance, vacancy, maintenance, or any other expenses. 

UtahAmericafirst 80% LTV on noo 65% LTV UtahArvest Bank AR, OK, AL, MO Aven…not on investment properties.Bancorp South, Texas Lines of Credit on free and clear housesBank of Southern CaliforniaBank of West (BNP Paribas) 60% LTV CA, AZBB&T will loan on a rental portfolioBBVA, now PNCBellwether Community Credit Union, NH and MA 85% to 100%, draw 10 yrsBMO Harris, 3 HELOCs to 70% LTVBoeing employee credit union Cal Coast Credit Union, CA Citizens Bank -Minnesota, only in-state.

Some lenders may not be able to apply or only be able to apply a fraction of the gross rents (if any depending on the lender) to contribute to your Debt-To-Income-Ratio.