I was even denied a home equity loan recently with more cash on hand than the loan amount because of the lack of consistent income. 

You'd have to be looking at D/F to consistently find returns in excess of 1%.

The property is residential and improvements consist of adding new central air to both units.

@Sam Leon If you have specific provisions within your leases, you can always gather proof they are violating them on a consistent basis, then move to evict.

Purchase price: $6,170,000 Cash invested: $1,800,000Multifamily consisting of 216 units Located in Lawton, OklahomaAcquisition:Purchase Price -- $6,170,000Capital Improvements -- $1,193,750Closing Fees & Carrying Costs -- $156,250All In Cost -- $7,550,000 Stabilized Projections:Net Operating Income -- $737,659Cap Rate at Basis -- 9.8%Stabilized Value -- $10,540,000Equity Created -- $2,990,000New Loan Amount -- $7,910,000Refi Loan Proceeds -- $360,000Annual Cash Flow -- $213,507What made you interested in investing in this type of deal?

My plan currently consists of daily reading, podcasts, forums, saving cash for reserves and to fund my first deal cash (or mostly cash).

Consistency usually separates the weak from the strong.

I am trying to figure out a way to start my real estate sales business but still be producing a consistent amount of active income until I am busy enough to live off commissions.

They consistently keep 7 or 8 of the apartments full at all times.

Have you had consistent income over the 2 years?