It will be a fun challenge to be involved in!

Out of state has it's challenges too, but we have developed a good team of partners on the ground who are our eyes and ears there. 

Here are our current monthly numbers:Current Mortgage with PMI, taxes, and insurance: $2485Upstairs rental: $1500, so we are paying $985 "rent"Conservative projected numbers within 5 years:Mortgage (after refinancing out of ARM and PMI: approximately $2200Upstairs: $1600-1650Downstairs: $2300-$2400Monthly profit: $1700-1750Despite all the challenges, stress, and struggles I feel like this project was well worth it, we learned SO much, and for the most part, really enjoyed the experience.

Another very popular one is Corelogic Credco but they enforce the same rules as far as requiring an office etc.Hmm, that sucks that FCI won't help you with this.

I've done quiet a bit of research which include webinars, podcast, YouTube, and just some good old hard cover books, but even with all that information I'm finding it rather challenging to actually start making some deals happen.

It's an interesting area to me, not sure why it's not more popular with the REI crowd.

The challenge is that it doesn't need any work (seriously, it's spotless), so going the hard money route, renovating, then refinancing with a conventional loan doesn't seem like an option.  

Our mission statement; "Our goal is match even the most challenging renters to a home for which they qualify within 24 hours of creating an account."

Richmond and Baltimore are popular and relatively local markets for investors.Even if your ratios aren't as good semi-locally, I think your chances of success are higher.I would work with an agent and have them show you some recently rented properties on the MLS. 

But it's directly from the sources and not some 3rd party looking to sell your information to advertisers.If you see anything inaccurate, write a challenge letter.Don't go finance the world.