My suggestion to most investors is that if you can afford to buy right now and the property will carry itself , then it is a good idea to do so.

If you cant afford to buy it , rent it . 

DSCR (Debt service coverage ratio) loans don't consider DTI, they are based on the property's ability to cash flow.

Hi @Waylon Bruce Moore -- I service SWFL.

Some mentees will act as a bloodhound for the mentor, knocking on doors, driving for dollars, scouring the internet, making cold calls, or performing other services that help the mentor find new deals.

Good Afternoon, Attorneys in WA  State and those with business co-living experience or interested.I'm looking start an LLC to address the issue of affordable living for professionals with a purpose of enjoyable Co-living community environments for personal and professional growth and well-being, and many other benefits.  

The tech companies here are laying people off or not hiring (the six figure earners who can afford the $3000 1 bedroom apartment to $6000 rental house payments) so that doesn't sound good to me financially.

The following might be your next steps:Financial Review: Evaluate your financial condition, taking into account the down payment, probable financing terms, and overall affordability of a new house.Research Local Real Estate Markets: Learn about the local real estate markets in which you are interested in owning a rental property.

Although I would love to have a management company, I am not sure we can afford it starting out, so I am hoping to self-manage initially and hoping not to screw things up too much!

Furthermore, affordability concerns in the single-family housing market have further elevated the demand for multifamily properties.Thank you for taking the time to read my post.