@John Dayhoff sure thing John but I cant promise I wont pick your brain about general contracting.

Yep the Numbers look promising

Buying at a sellers in place 4 cap, hoping for a year one 5 cap, $1M+ in capex and promising to stretch rents $300 on top of the the 5 years of the past rent growth .... sound familiar? 

By January of 2020, I should have around 14k saved up in the bank to invest in my first property. I am still doing research on what I want to do (Bx4, mulitfamily, etc.) but I am not sure if my DTI will check out by t...

PN means, "I promise to pay".

This is not a shameless plug, I promise.

Remember this clause is to prevent people from biting off more than they can chew or neglecting to make the rehab as promised because they caught a better deal somewhere else.

Doesn’t look too promising to me .

Last thing I promise!

. :)TLDR:- If you are buying cashflow positive real estate and working with a big bank or call center, the rental income likely will not be counted to offset the real estate's own mortgage, and your DTI will be trashed according to their fake rules.- If you are buying cashflow positive real estate and working with a local investor friendly lender, the rental income will be "counted" so long as it is real, and your DTI will actually improve according to the actual Fannie Mae rules.I'm usually at the Oakland REI meetups on weekends.