The formula is simple and is as follows, 75% of gross rent - PITI = net rental income.If net rental income is positive its added to your total income and improves your purchasing power.If net rental income is negative then its considered a liability similar to a credit card or a car loan that you gotta qualify for.Some banks have "overlays," or additional requirements they place on top of borrowers when you have rapid acquisitions of multiple properties but by no means is 2 properties in one year considered "rapid," by most lenders, however 3-5 would be its an underwriter and case by case bank "call," to make. 

They have more skin in the game then you do.Make sure you get clear title.

@Jimmy Domer, when you're contemplating a diversification exchange (going from 1 to multiple properties) you are creating several opportunities for yourself. 

That changes the game plan.

Just part of the game.

No help beyond that, we’re on the hook for everything.I should mention this was quite a few years ago and Airbnb has since forced VRBO to step up their host support game via Airbnb’s host guarantees and whatnot.

I 100% KNOW that this is not a "get rich quick" game, I realize that, but is it completely crazy to think I can accrue enough rentals in 4 years to not have to get another job with this type of salary? 

However, because the partner-contractor is responsible for that 10k worth of labor, now he mathematically has his 30% skin in the game, plus 10k. 

You get better rates the more you insure with them, offer coverage for multiple LLC’s or business entities and trusts, and even do named storm if you want it.  

I pay them via paypal, venmo, walmart2walmart or some other form of online payments as projects are completed.I have a solid buddy take my calls via a team phone service routed through multiple call systems and he also views houses while I'm gone for a split of the deal.