Why not buy a place (assuming you can get a mortgage) and rent rooms out? 

DSCR if the house can support itself based on the lenders criteria.  

Cash is king Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

With 20% down, and a mortgage rate of 6%, the original PITI was $1040.

With a mortgage around 1200 a month and taxes somewhere betweeen 5k and 8k a year, it seems that P/I and taxes are right around 1700-1900.

Also be careful of applying before the loan closes, as the lender will ask what the inquires are for.Good luck!

This includes mortgage payments, property taxes, insurance, maintenance costs, and property management fees.

Congrats on your success John.When buying an apartment complex, most lenders would prefer you have a brand-new LLC because they do not want any contingent liability from what happened in the past with that LLC. 

From deductions for mortgage interest to depreciation benefits, there are numerous ways to minimize your tax liability and maximize your returns.

I may never buy a building with iron pipes again Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?