@Jeff RyersThere is a basic rule of thumb for income qualification but I use an additional one as well. 1.

Most business credit cards do not report on your personal credit report so often times any debt associated with the business credit card will not impact your debt to income ratio. 

A bit on my self I have 3 singles in Dallas Forth-Worth area & 1 single Tampa area I sold 2 flips in Austin, TXIn DFW, I’m doing section 8 , I am getting properties with hard money loan , remodel them, and then re fi them for 30 years , I put around 45-65K for each property I have 4 properties total that cash flowing $300, $500, $1000 (section 8) , $250 per month after all taxes, expenses , insurances , mortgages .. 

"Regentrification" to me is when a City, Mayor's Devenlopment Council, offers Tax breaks etc. for Builders to build "affordable housing" in the run down neighborhoods where I would never want to own anything.

The owner gets to defer taxes on the second half of his capital gains. 

It seems like at this moment you need active income.Real estate can generate income for you but it takes time.

I would definitely mention in your property description that the property comes turn key, and offer to show the properties rental history/income.

Do you pay the local taxes on my property?

Step 1: Increase income, decrease expenses.

Obviously, we need to maximize our tax effectiveness in the situation and the monthly is going to be huge, especially if we can’t get the rents to cover the mortgage.