This measures the amount of income put towards revolving and installment debts, such as car payments or credit cards.Your lender wants to ensure you have sufficient funds.

Vacancy and vandalism can be a lot more costly than anticipated so make sure you have sufficient reserves.Best of Luck to you.

The thinking of a borrower having a higher income where 45% of their income is sufficient to live on is not a consideration in keeping the loan from being predatory.

From our experience, we have had to justify the desirability of the market, quality of our product and sufficient cash flow to justify sales price.

In my experience this is necessary, but not sufficient in the event the original seller changes their mind about what they agreed to.

Follow up in a sufficient window that a relationship is initiated2.

All the renters flock to him.As each new landlord and property enters the market, the rent is going to continue to drop -- more supply is causing less demand, and the new landlords don't care about making exorbitant profits, just making decent cashflow and keeping their properties filled.Add a couple hundred more landlords and a couple thousand more properties in the area, and the rental rates will drop to the lowest point where the typical landlord and typical properties can make a small but sufficient cashflow and return on their investment.This is the equilibrium point for rents in the area (what is known as "market rent").Now, if you do the math backwards, you can easily determine that to make a small but reasonable profit on a typical rental with typical financing, you need to set your rental rates (gross income) at about twice the operating expenses.

Even if it isn't a high quantity, the consistency is whats important.

However, go to a neighboring state such as OR, NV or AZ and, despite being non-judicial foreclosure states, I'm not confident enough to buy or lend and still feel confident that I'm sufficiently knowledgeable, at least not to my satisfaction. 

If your appreciation plays are not sufficiently cash flowing at that point (which they should be if you invested intelligently) then at that point you could look to 1031 exchange into higher initial cash flow markets (but only if you are willing to move there to garner the critical home court advantage) ...As for speculation, I have to respectfully disagree there too.