Let me know if from a beginning stand point if it makes sense for a half way decent deal.

I was just watching the free videos about the 50% and 2% rules and something didn't quite make sense.

This can be redirected back to them in a heartbeat and is a common ploy to make landlords feel more comfortable renting to them.Keep in mind that it is illegal to discriminate based on source of income.

@Darren Budahn  Makes sense to me, too - I'm just trying to see what I might be missing.

That doesn't make any sense to me.

If you are wanting to add more properties, it probably makes sense to pay the regular payment and save additional cash for other opportunities.  

Rental Monthly Income $4,800.00 (8 rooms x 600) ------- 4800 x 12 = $57,600.00 Monthly Gross Operation Expenses Mortgage950.00 Taxes191.00 Insurance 166.00 Maintenance Housekeeping 216.00 ...

You need to walk the property, get a good sense of the neighborhood.

For some folks having all $2,000,000 tied up in one safe, secure, high demand market like SF makes sense. 

It makes no sense not to get one to save a few hundred dollars when you are about to spend hundreds of thousands of dollars.