Los Angeles rents remain well above the Western regional average of $178 per unit for non-climate-controlled and $191 for climate-controlled units.Competitive Inventory, Employment, AbsorptionNew inventory additions slowed in Q1 2024, with only 969 units delivered compared to over 1,000 units per quarter throughout 2023.

Your personal income, employment history and DTI is not relevant with this loan type. 

Look for strong economic and population growth with a robust and diverse employment base.Next, you should identify neighborhoods and locations which fit your investments criteria.

Don't trust a company - especially not some large nationwide corporation, which employs people you have to track down!

A simple example, is where a major employer in a small town closes up.

My employer had no locations actually in Detroit, but hundreds of my employees came from there.

Since I am self employed, I was hoping they have a pool of lenders catering to Self employed.

Sometimes career paths are paved with degrees and dedication.

I have a 85% DSCR option, so we wouldn’t need to even see you income nor verify employment information.

However, there are also concerns about the impact of automation on employment and income inequality, which may need to be addressed through policy interventions.Additionally, achieving post-scarcity will require not just technological advancements but also changes in societal values and economic systems.