Getting a degree is not totally necessary but one that can bring income is good like engineering or computer tech.

This person probably sites on the internet and thinks they know what they are talking about but again 100% clueless.Rental Pricing Regulations 99% of the time HUD pays MORE than cash.in OH anyway.Risk of Renting in Lower Income Areas SEC 8 prop can be anywhere, NOT just low income, I have props in the best areas in Cleveland.

Me and my soon to be fiance will be double income-no kids for a few years and are looking to maximize the opportunities that come with that.

Increased rates makes it more difficult for first time buyers because 1) the financed payment goes up 2) it decreases movement which results in boomers, etc not downsizing which lowers volume on the market and helps keep the prices from falling.Other drivers for these large rent increases are the recent property appreciation (last 10 years have had huge RE appreciation) and rents lag the property value increases, the Covid eviction moratorium has identified new risk that must be reflected in the income, the continuing trend to move to high growth areas which results in a large housing shortage in these areas, the lag of new housing starts that has existed since the Great Recession.  

As your income grows, consider expanding your portfolio further to include other asset classes or real estate markets.Maximize Retirement Accounts: If you haven't already, consider contributing to retirement accounts like a 401(k) or IRA.

This gives me a Net profit of 82K which is an Average Annual ROI of 57.4% based on the total 18k investment.

@Russell Brazil I own the properties under an LLC, but there is a commercial EO fee for commercial, income properties, or business opportunities for $350. 

Will appraiser count income from all units if title shows all the units or will there be a red flag with MLS / OM and city showing one less unit? 

If that's the case, why not go towards a Conv. loan, you have the W2 and own your business plus you can use the income (75% of the rental) from your current property once it rented.

However, over the past five years or so, increased national attention has led to a surge in supply, thereby putting pressure on occupancy rates, which might hover around 50% annually.