My case has limited w-2 income, and I am not sure that the underwriter understands how to properly account for other income.

As a professional RE networking site we should be able to use full names and proper pics and many on here do.

Have had my real estate license in all three states Am back in ROchester a few months a year  Out of curiosity looked at some rentals available in Rochester in the cap rates destroy what I see most people buying here on bigger pockets in other areas of the country  I feel I really must be missing something or is it actually possible to buy units 25 grand each and on a quadruplex net 19 grand a year in B neighborhoods?

There are a lot of details to make it work properly. 

Jack Bobeck you don’t need license to be landlord.

Disclaimer: While I’m an attorney licensed to practice in PA, I’m not your attorney.

Text is not legal communication for proper notice regarding rentals.It's a good way to remind people. might work out for late rent reminders for you.. but if it get's beyond that.. paper trail.. and emails.. don't count either.. 

Forgive me if this isn't posted in the proper forum, I am still getting familiar with the site.This is the 30,000 ft view of a property I am currently looking at. 

As part of the broker's license requirement, I need to open a broker trust or escrow account at a Real Estate Commission bank.

Without the proper coverage you could be paying all the cost to rebuild the inside of your unit out of pocket.