It seems most people are doing so to allow rental income to support DTI ratios.If I can income-qualify for purchasing a property without utilizing a FHA loan, is there any reason or need to do so?  

I'll let you know how it goes.Thank you for all your support! 

Re-rent @ $600-800/mo if the market will support it

So glad I stumbled upon Bigger Pockets and the lovely people here support this community!

Dad isn't on lease- I am not going to support that behavior where a grown woman has her daddy involved.I plan on having a direct conversation with the three tenants on the lease to openly and responsibly address concerns.Here are my questions:In reviewing the deposit check, I noticed that her dad IS a joint on the checking account.

My best advice, sit down with your professional supports and hash it through... there is no one right answer, and those that know your situation best can give you the best advice.Hope that helps!

Even with a 50% vacancy rate this home will support itself and put money in our pockets (4 bed, 3 bath completely renovated antique cape sitting at the end of a dead end road surrounded by pastures).  

I rent a storage building for my staging furniture and they have a large lot full of motor homes, boats, trailers, cars, trucks, etc.Another idea if you like farming and the land will support it would be to put some kind of livestock on it (cows, goats, etc).  

As Mark McClure stated, it is possible to handle real estate part time; but there are limitations for client support unless you have a job you can walk out on at a moments notice.

I'm coming to the area to watch a hockey game and experience the night life (Ann Arbor), but I'll be in the area from Friday to Tuesday, and I am interested to speak with active investors in the area about ways I can possibly support and enhance their efforts.