@John Warren I’m planning on doing this later in the year so I can pile up more money to be safe, but if you could recommend me to a lender that will allow me to count the rental income without any prior landlord experience, that would be great.

You cannot count on it always being available.

If that is the case, you are not going to be able to use the rental income to count towards your ability to pay the loan.

You can amend your return (however, underwriters will see if its amended, hopefully they have no problem with you doing that, many do and particularly if its right before a loan application) . this is all my opinion and no promises:Certain deductions on your return do not count against your income and the main one is deprecation . 

I count myself as a Biggerpockets success story.

So is the Sales Proceeds when you sell.When an Investor believes that the definition of Cash Flow has ONLY (and I want to make sure you see the emphasis on ONLY) to do with how much monthly cash he puts into his pockets on a monthly basis and ignores all other cash flows, the the statement "X property makes $xxx amount of cash flow" is FLAWED at best.As Kai pointed out, you can be at ZERO monthly cash flow but if you sell at a huge profit, meaning your LAST cash flow which is your Sales Proceeds is HUGE.... your overall Return is GREAT, if you count EVERY Cash Flow.Similarly, if you were making, say, $200 per month in year 1, which may be a 10% Cash on Cash Return if you invested $24,000 out of your pocket, BUT, if you were forced to sell the property after Year 1 for a LOSS of $3,000 in Seller's Closing Costs, then your DEAL was BAD because you lost money overall.

Location"In or around a MSA of 30,000 people or moreWithin close proximity of a Walmart  (If Walmart won't go there, you shouldn't either)Sustainable economic drivers (employment for your residents)Entry level home values above 100kSize - depending on your operational strategy, I have found that larger parks tend to work better50 spaces or more if you plan to use an onsite management team (smaller than that will have a tough time affording a good onsite team)Smaller parks can be managed with a 3rd party, but keep in mind you can't really count on them to move the needle for you on items like filling vacant pads, renovating homes, selling homes, or any major capital improvements, so you should have a plan to handle those items. 

There are only so many hours in the day so you must make them count.

It should show you 8 pages worth of posts. (8 pages not being screens, but what the forum counts as a page).

It could be homes that you hand pick based on criteria that you establish (sq ft, bedroom count, etc) that aren't necessarily even in the same area.The process is VERY similar to ACTUAL farming, which is why the terminology is used.