This calculation includes depreciation deducted during income tax returns.

I just wanted to add that after you recover all the money to start over, during the final "R" you are also generating some income from the third "R".

Hey @Justin Williams,I'll start by saying even the most flexible loan scenarios will look at credit. how it relates to the loan process, however, will differ depending on which loan type you go with. my gut punch reaction in this is that your credit score is more about limiting your LTV due to the subject prperty being a multi-family, or potentially driving the rate up so that you no longer qualify (rates are higher on MF than on SFR typically)....it also could be about how your lender is calculating (or not calculating) the rental income coming from the different units.

Additionally, exploring alternatives like legalizing the existing cellar apartment, if applicable, or renovating the current layout to increase rental income could be viable options.

The corporation? 

I’m not really sure about getting a house first because I don’t have that much of an income

With the increased cost of materials and labor their losses are exceeding policy income.

I would get really specific on that, not "I want to make money" or " I want passive income".

Using income from jobs, isn't any faster, and can actually take longer. 

I had an existing business fall to pieces and am in the process of looking for a job (or other means of income), so money is hard to come by. 2.