Hey guys thank you for posting.

Thanks for the info guys!!!

That is exactly what I needed to know guys, thank you so much! 

Thanks for the responses guys!

Thanks guys.

(if you are negative cash flowing, then you probably bought a bad deal).#4  Limitations of stress.  

I'm weary of starting off with a far away property.I'm generally a numbers guy (I do data science, not an accountant) so I've been trying to put together a spreadsheet of the finances to see how rental properties stack up against investing in Vangard's SP500 funds. 

I currently own a few rentals in different states, but since getting my real estate license i have started looking at family and friends for prospecting new deals as a new agent.I have a family member who has been renting houses for as long as i can remember between her and her boyfriend, but they both have some bad credit due to falling behind a few years back after both losing their jobs and juggling life for a while tell they found new jobs.I am a bit unsure about this idea still due to the fact that i have been running numbers on multi-family homes to purchase in the near future and turn into rentals, but i want to help them if it's a viable idea...I wanted to get your opinion on maybe purchasing a house based on their needs and running a lease option on the house for them to purchase down the road when they have the credit again....Right now they are renting a 3/1/1 for $1200/month and there is a lot of 3bed houses around them that are in the 100k and below that would meet the needs of them, im just worried about buying the house for them tieing up my own money and not have enough financing available to continue purchasing investment properties as my rental income from all my current rentals is my only income coming in right now as i start the career of an agent.

He wants to provide easy credit to people for homes again, he also wants to help people with bad credit scores due to foreclosures (I guess if your mortgage commencement date was between 2006 and 2008/9?)."

My wife and I went back and forth as to how much to borrow against it and I'm a conservative kind of guy and we settled on the $60K ($100K total mortgage).