.; rent medians and lower and upper bounds, typical days on market before securing a tenant, local vacancy rates, tenants' typical income, education level, employment opportunities, credit, and rental history).

I want to convert my current residence into a SFR and look into buying a duplex to implement house hacking and reduce monthly expenditures while also getting into another property.

So do you say in your screening criteria that if total debt plus monthly rent payments = greater than 45% of gross monthly income, you will deny the application? 

I mean they do it for low income senior residents and the multifamily affordable apartments that been there for a while.

Landlord Tenant laws are challenging but if you invest in the better neighborhoods, you are less likely to run into the issues landlords customarily face in the low income areas of the city.

As our rental income is building up in the bank account now, we are wondering how to finance the next one.

Now 75% of legal ADU rent can count toward income to loan. 

I want to use this post to give a little insight on why I love commercial investing.How The Property Value is DeterminedThe beauty of commercial real estate is that it largely only comes down to 2 numbers: Net Operating Income (NOI) and Cap Rate.

A couple of "unrealized" income to consider:1.

A no income no doc DSCR (debt service coverage ratio) would be a great option for you .