They are offering 5.25 on a 20 year amor, with a 75% LTV on a 5 year balloon.

They are offering 5.25 on a 20 year amor, with a 75% LTV on a 5 year balloon.

He won’t take care of that unfortunately.I agree this tenant is probably a little too demanding and should put up with most of those issues, but I feel the landlord should fix these things in a more timely manner.

I just say "I have accepted a more qualified applicant".

That helps create a more thoughtful analysis.You MUST account for property management, snow removal, and lawn care costs even if you DIY. 

Then you can read a more in-depth book like The Book On Rental Property Investing by @Brandon Turneror The Unofficial Guide to Real Estate Investing by Spencer Strauss.

Or should I get a more stable job and work more hours and in return only work on flip houses in my off time. 

Be specific on what you want--if you leave it up to them, you'll have a more expensive yard than the home on it. 

I’m hoping to get a more expensive house and it would help to have a lower down payment going into it.  

I figure if I have to pay taxes on it at some point anyway and have to pay taxes on it as earned income anyhow (whether I have a private entity for transactions or use my self-directed IRA), then I would rather have the tax lien in a more liquid and accessible entity if the lien go to foreclosure and I acquire the property.