I worked and saved and cut my finances to the bone saving off 40% of my income each paycheck, then poof, it was gone into the down payment. 

@Schuyler Covert Focus on establishing your job, income history, credit, and savings account.

For how long have you been producing income as travel nurse?

In terms of financial feasibility, while your plan to accelerate savings with rental income is sound, you must factor in rental expenses, Cincinnati living expenses, and travel costs for regular trips between Charlotte and Cincinnati.

Approval will be based on income potential of property, your credit score, appraisal, down payment, the DSCR ratio - there are quite a few factors that play into the approval. 

There is no such thing as an insurance policy that guarantees a private loan.

When dealing with tenants and especially low income tenants here are a few thoughts based on 20 years experience and a few evictions:1.

Hi Pafoua-I have dozens of options for DSCR loans with 620 credit that only go off the rental income, with consideration for your equity and credit score.

or was it net income before mortgage?

if you have 239k in equity and sell the NJ home, you could use that money to buy a few homes near you and increase your monthly rental income.