Just a little background, we are big on long term and big on passive income.

Great question Luke, As a lender we use your personal income and the income from your properties to qualify you for the mortgage. 

Lower-income residents bear the brunt, with vacancies for apartments under $1,100 dropping below 0.4%.

You'll need to fill out Schedule B and also the interest income section of your tax return (usually Form 1040). 

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

People applying for a mortgage actually needed a job and income. 

AGAIN FOR ALL OF THE SMARTIES....I AM WELL AWARE THAT A LANDLORD CANNOT DENY A TENANT BASED ON MARITAL STATUS AND should HAVE NO CARE IF TENANT IS MARRIED OR NOT.....HOWEVER I AM INTERESTED IN KNOWING WHAT FINANCIAL OBLIGATIONS COULD ARISE FROM THE DIVORCE PROCEEDINGS AND IF THOSE OBLIGATIONS WOULD AFFECT PT'S ABILITY TO PAY RENT BASED ON PROSPECTIVE TENANTS CURRENT INCOME.

Trenton and Camden pull good rental income, but as an owner you need to have a high tolerance for bs. 

Even in an area like Lynn (North Shore) the margin between gross monthly income and all expenses based on an $800k property would net us approx $-2500/mo.

Now one year later at an annual inspection the mold is almost the way it was in the beginning!