The property manager we've been talking to says we can actually get more income than what the current tenants are paying; however, I'm using the current rates since that's the income we'll generate as soon as we buy.

The loan is based on the ability of the building to generate enough net operating income to cover the loan payment plus 25%.That being said, the lender wants to be sure the buyer / borrower has enough experience to properly run the building.

I'd love to network with some fellow rookies and hop on a Zoom call once or twice a week to work through some random houses on the MLS (I'd provide link and virtual drinks lol) to build our confidence and knowledge base.Afterwards would love to connect with an experienced investor to quickly gloss over a few to see if we've headed in right place, (this might require real drinks if in Houston!

I purchased a single family home in an area I knew would have no problem filling vacancies and would generate decent rent. 

I've found there's a glimmer in older investors eyes when they see the younger generation looking to learn grow take risks like they did.

I currently rent, and my rationale to buying a rental first is to generate net cash flow, rather than buying my own property where my equity is almost locked in to paying off a mortgage that I can only generate net cash flow if I house hack (rent out other rooms if more than a 1 bed).

Sell stuff, find random jobs.

@Shivam Mehrotra It probably had something to do with this:• Local Property Tax Credits – Relief credit generated by the local income tax, which can be used to reduce property tax bills.If you're looking at said property as a investment don't expect to receive those credits.

Nothing is more expensive and fraught with unforeseen costs and generational havoc than divorce.   

Ideally, I'm looking to house hack an undervalued duplex/triplex with a 5% FHA 203k loan most likely in Kissimmee that will generate net worth + modest rental income.