@Andrew Acuna All of the things you've brought up here were exactly my thought processes as well but I've now had multiple lenders raise the problem of it being an investment property and one even referring to how he doesn't do business that would end him up behind bars.

Barring overlays, your DTI should get stronger as you acquire more and more real estate, if you do the above.Once your in this box, it's typically not DTI that limits you,  but down payments and PITI reserves (strong retirement account is the solution to the reserves problem). 

If you try working around it and one of them sits at a bar and mentions it within earshot of the wrong person (Pretty much any agent), it's your girlfriends license at stake.

You can also get a Residential Lease Agreement form free from The Florida Bar.

. … As real estate markets receded elsewhere, the District of Columbia blossomed… By some measure, our nation’s capital has become the richest region in the country.”The report goes on to explain how these changes have made Washington D.C. one of fastest-gentrifying cities in the country:“In Washington, according to a study by Governing magazine, 52 percent of Census tracts that were poor in 2000 have since gentrified—more than any other city bar Portland, Oregon.

It's hard to say I would ever walk away from the $10-12,000 paychecks I've started to make at my job, but ever since I found BP I am no longer excited to celebrate my pay days with bar tabs or weekend trips, but rather down payments for a new property.

Potentially a wet bar (included in that number) or without it knock a few grand off for cabinets and countertops.The home is our current home that we've live-in-flipped over the last couple years and just cash out refi'd with the intentions to 'move on to the next one' in a year.  

I have high credit score in the upper 700's.My father is a single person contractor with the knowledge and skills for fixing a rundown residence barring very large renovations.I have decided it is the right time for me to buy primarily based on math including my expenses, my work situation, and my future goals but I could be barred from doing so if I cannot get a decent deal in my desired location.My questions:1) Can you point me to any applicable resources like calculators to evaluate my prospective deals?

Very stable market so long as you are willing to put some money/effort into making the quality of life for your tenants stand out above the rest (it is not a very high bar).

Then, I would like to move into the rental scene for passive income.Thanks for reaching out.