I think it depends on the lender itself but from what I have experienced banks typically like 2 yrs of tax returns showing the rental income.

We'll lend 65%-75% of ARV depending on the neighborhood where the house is in Cincinnati.

Account Closed It just depends.

Some depend on revenue and credit and some can be secured by using real estate collateral or other valuables.

And we can save even more when we don't have to foreclose, that's $5k + or -, and 18 to 36 months depending on state.

It is a small mining town which is very dependent on copper prices.  

I figure doing both will give me options in 15 & 17 years when the kids head to college, depending on the state of the real estate market, stock market, interest rates. tax rates and a host of other considerations. 

For example, in my market I know a 1.3-1.4% deal would start to make sense from a cash flow perspective, depending on how the utilities are decided up, etc.

Many investors do not want to tie up their personal home in an investment property however this may be the cheaper and wiser decision depending on your situation.

You can go to the county Geographic Information System (GIS) or tax assessor websites, depending on size and sophistication of county, and you may find free tools available to search sales by neighborhood or zip code or price range and dates.