You could also take a look at a DSCR loan, it doesn't even take into account your income at all!

Good Evening BP,Been a member for a few years and have "gotten started" multiple times but always get distracted by the allure and easier money of stocks and crypto.

The income is the same, the difference is how hard you work to achieve it.Parting thought, I also purposefully lag the top of the rental market in my personal portfolio...if a property I have owned for 4 years was rented at $900 and has a good resident then even though the value of that property may be $1250 I am still going to put this specific resident at $1050 so both the resident and my portfolio are winners each year and we have incentive to keep it that way.

Why are the properties even there in the listings for more than 30 days? 

They provided the old lease that has expired, but no proof there is even a proper lease in place right now.

We are wondering what advice we can learn from experienced investors, agents, lenders, etc. here on the BP network and to know if we are even in a position where we can comfortably get started. 

I am also skeptical about the price, even for Rochester, NY - there is something off.

G'Day Trevor,Just posted the same below to another investor asking about turnkey and my advice stays the same 😁There aren't many "true" turnkey companies around anymore and I've seen a trend where investors want to DIY out of state and country.Personally, I think this is an even bigger recipe for disaster than buying turnkey.But that's just my opinion.Back in the day you had many "turnkey" companies selling crappy properties in crappy areas for a lot more than market value.Then they pass you on to a 3rd party PM that nickel and dimes you to death.Granted, if you want to DIY I would always advise moving to the market that you want to invest in.Spending enough time with key people needed to make your venture a success.Yep, easier said than done 🤷‍♂️If you DIY from out of state, you will probably find an "investor friendly" agent that will flog you expensive property from the MLS, refer a "good" contractor and then you will most likely also get nickel and dimed by a referred "trustworthy" PM.IMO, you are safer finding a reputable turnkey provider in a market that you want to invest in and go from there.If $#%@ hit's the fan (Which it always does in real estate), at least you have everyone to blame under the same roof.A true turnkey provider will have everything an out of state investor would/want and need under the same roof.No finger pointing is allowed lolI'm bias as we offer turnkey so take my words with a grain of salt.Just happy to offer my 0.2 Aussie cents.Wishing you much success

And even if they did, very few people have a business that is as "perfected" as McDonald's.

But some people do leave them in a fenced yard or even in the home.