A large chunk of those requirements is ensuring the purchaser has the ability to repay.

I have about $8,500 in the bank, but I possibly have the ability to borrow money from a family member and split the profits.

They will be invaluable when you buy when you have questions about rent ability, and potential rents. 

My biggest real concern is with the tenants ability to pay, especially because I want to raise the rent, and hers was just lowered for inability to pay.  

True/falseSeller who sells house via subject to will have a hard(er) time getting into a new property. This is because the underwriter sees they're already liable for the original (but subject to'd) loan?

Lurkers: Basically, this is applicable for anything coming up beyond your control, or ability to anticipate, that would cause you to break your promise to owner occupy for 12 months.

Since I did not have the ability to generate my own leads back then it was a win-win.

I have separate folders on excel for each property, when I pay a bill or spend any money on a property, I record it in that properties folder as well as put the receipt in a separate folder in a locked file cabinet.

We are also advocating to have the tax imposed only on rentals that are rented for longer than 100 days, and for a bill that would distinguish between different rental markets.The legislators need to hear the voices of homeowners!

I'm looking at cap rate as the income generating potential of an entity normalized to its purchase price.IMO it's able to neutralize the money making ability of an entity across parameters such as total money invested, type of investment, the industry of investment, etc.