Turns out their total monthly income is too low ($600 shy of 2 month's rent -- we require it to be at least 3 months). 

Generally you want to be closer to break even if you are in negative cash flow, but if you have good income this could still make sense.It's also really important to make sure what you are getting into when it comes to condos.

This upgrade may also increase the property value and attract higher-quality tenants, ultimately leading to higher rental income.

For context, I am a doctor with a stable income and was able to put 20% down comfortably to avoid insurance.

Hi guys,Quick question..I have W2 job and last year did around 85K gross from my job..Also in October last year I bought investment/rental property with 30% down..today my tax person told me-I owe the government $ 3,5K ...please keep in your mind compare to my coworkers I am paying crazy amount taxes during the year...I know each case is different and unique but is this even possible?

Investors can anticipate potential monthly cash flow income that may be tax sheltered using depreciation.

Most lenders but not all, should use the existing 2nd unit lease at 75% of gross for extra income to qualify on either loan types.

Without consistent steady flow of clients, income is sporatic at best. 

Because if we can take deprecation losses from our rentals, we can use that loss to offset our other active income (from being a broker for example). 

can utilize a no income no doc DSCR loan .