I think the majority of the run up in this city has happened.. 5 years ago the median was closer to 700k..  

I know of specific mortgage products geared towards real estate investors that will allow up to 85% cash out on investment properties (1-4 unit only).

@William Davis In all seriousness, if you do actually have an awesome product/service/business idea, then your level of stoke about it is AWESOME.

Are there major repairs needed that you (the seller) are aware of?

I know of mortgage products for example that will allow you to look at the income being generated from the property itself (don't care about W2, tax returns, etc).

Yes it might still be a good investment if the market continues to rise but it's harder to guarantee that.If I were you I would start looking east down the major highways to where the workers live.Go into a restaurant and ask your waiter/waitress where they live and that's where you want to invest for cashflow.

I am super excited to get started on my REI journey and to be a productive member as well.....

Location is fairly good, land is on a major rd and the back part of it connects to an established neighborhood with older brick SFR’s All units a tenant owned, utilities aren’t included and overall condition of the park is on the low end.

I know the DTI is a major consideration regarding getting approved for a loan so I was wondering if there is anything I can do to offset this downside?

I was a finance major and did most of my MBA.