You get more rent If the voucher holder is employed and they take better care of your property That's all you need to do to make money in C markets.

You might be able to get a non-conforming loan with higher rate and down payment, but that would be dependent on your past employment and earning history.Upen Patel, Mortgage BankerFederal NMLS# 1374243

@Vince Futia  check with your local laws to see if they allow an extra amount for a pet deposit (not allowed here in NJ) and definitely ask for another $25-$50 per month depending upon the number, size and what type of pet it is.  

What size property are you looking for?

I decided the shrink was right and I made some major changes in my life, including a divorce and - more recently - I parted ways with my employer.  

Denise, that credit score will go a very long way from a bank's perspective so kudos to you for getting it up that high, FIS (Fair Isaac Score) is a lender's number 1 determination for a qualified candidate, after that your income and debt to income ratio, payment history, employment status, etc. will go into play.

Are there any other employers in this area?

Yes, you can use it, but you'll likely need 2 years of tax returns for your self-employed income for it to count (if you're trying to get a conventional loan).

The FHA identifies the following benefits: Low cost -- FHA-insured loans have competitive interest rates because the federal government insures the loans for lenders.Smaller down payment -- FHA-insured loans have a low 3.5% down payment and the money can come from a family member, employer or charitable organization as a gift.Easier qualification -- Because FHA insures your mortgage, lenders may be more willing to give you loan terms that make it easier for you to qualify.Less than perfect credit -- You don't have to have perfect credit to get an FHA-insured mortgage.

Can someone explain/define what IRR means and what size rentals it applies to: single family, 2 family, 3 family, 4 family, 5 family, or apartment buildings.Also @Will Barnard you mentioned "loss to rent", can you educate me on what this means and in which size rentals it refers to?