From a gross income perspective I think Holden is better but from a price point perspective Oak Island is better.

While I can’t entirely say for credit score, a good rule of thumb I’ve found is to have paystubs that verify 3x rental income in monthly income for whatever tenants are paying for property.

I recently got 2 lots for under your combined annual income (each), that I am planning on turning into good money making potential.

At today's rents that's decade(s) of net rental income even when taking into account any potential increases.Rents however would get $3k/mo on the high end, and more realistically around $2.6k/mo.

You are asking some great questions and the best answer I know to give you is that rental income & expenses can be more predictable in a condo and attract a greater pool of guests. 

Hi all, Do you guys pay income tax on the rental properties you own in the city of Cleveland?

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Rents are higher, income is better, appreciation is higher, your basis is lower, and you have much more equity to recycle that cash.

Can take a hard money loan option no income no doc at 30% down on the purchase getting the 100% of construction 

From a lender perspective, multi family is also a great strategy as the income of the other unit(s) will help you to qualify for a higher purchase price.