Hello,I currently make a solid income and own a STR that is doing extremely well (30% COCR).

Toledo has been all the income I will need, just takes a decade of re-investing the income before you are at a point of asking how much monthly income is enough.

Census data - median household income, employment stats, bachelors degree percentages, crime, vacancy rates, appreciation2.

However, they dont want to be anywhere near the loan or title because they dont want any lawsuit liability from my STR.With my income and credit score, the terms for DSCR loans or conventional investment are not good.They own their primary residence in cash and its value is around 2 million.

I then have my Chase Business Account linked to Stessa so it will import the payments and still run all the features that I like (Tracking Rental Income, P/L statements, Tax form simple print outs) because it will sync with my Chase Business account.Would love some advice from previous owners and users of Stessa.

By this I mean I was renting it out in 2021, but depriciation and mortgage made it income negative.

Census data - median household income, employment stats, bachelors degree percentages, crime, vacancy rates, appreciation2.

This property then to a lender looks to be negative $750 a month against your DTI.So really your DTI plays in based on what price point of property you are buying against your incomes and debts.

However, I have my job and side hustle still bringing in income.

I would agree and recommend to FHA into a duplex, rent out one side to substantially lower living costs, generate equity, and build cash flow.I’d recommend listening to Biggerpockets podcasts, there’s also a great selection of books available that help break down each aspect of Real Estate investing.Then honestly, just look and study the area that you are interested in starting out in to get a feel for everything and think about each property you see.