This can provide a consistent stream of rental income, allowing you to offset your living expenses and generate positive cash flow.

It's generally too speculative and I prefer something that provides a passive income stream so positive cash flow is an absolute must for all my properties. 

Also leave the faucets on with a slow stream. 

Why would I not be pre-approved with the similar amount after I show the rental income from the first deal since my financial makeup did not change much except I got a new loan, but a new cashflow stream to support and overcome it... 

I just purchased my first property, so my capital to invest into another door needs to (ideally) be supplemented with another stream of revenue.

That's not a great deal because maintenance issues will come up from time to time, but it can create an income stream from nothing on your part.

We have other streams of income, so these are "savings accounts".

Check out this page:  https://www.biggerpockets.com/podcasts/real-estateYou can go to the podcast show section of the blog too: https://www.biggerpockets.com/blog/category/biggerpockets-podcastYou could also check it ou ton any of the podcast streaming apps of your choosing—just look at the feed for the show and make sure it’s ordered by most recent>least recent! 

Trying to get another income stream!

It’s one thing to talk about buying during a down turn, but in reality not many have the balls to buy when there’s blood in the streets.