If you are putting 25% down, have an excellent FICO, and have experience, you can get DSCR in the 7s

There is a plus side to the scenario above and that is this: It sets up a perfect opportunity for you to do the exact opposite of the fools and create for yourself an unlimited market supply of excellent trouble-free tenants for life!

If you know how, excellent, if not learn prior to bids.

Customer service is excellent, personnelle are helpful and professional, and their website is simple & intuitive but quite useful.

@Danny Diaz In my experience, REITS have been an excellent investment vehicle, particularly in 2014 (took some time to speed up, corporate stocks did much better in 2012-13).

Brian,Thanks for the additional information.There is a lot of misinformation out there and that's why I'm asking questions before I get into something that I misunderstood.I did get excited when I heard this expert say just write a check if your funds were depleted from the IRA.I'm glad I found these forums savvy people for excellent feedback.

He's an excellent real estate attorney and very investor friendly.

So, the best thing to do, is make sure you get the list in an excel format, so that you can speed up the time to sort and scrub the data. 

Both make 6x the rental rate and both have excellent references.

Here are my stats:Primary House: $610/ (mortgage) + $385/ (taxes/insurance)-Home Value: $160k, Balance: $65k-15 yr loan, 2.9%Rental House: $400/ (mortgage) + $350/ (taxes/insurance) <- no escrow-Home Value: $130k, Balance: $75k-30 yr loan, 4.5%-Rent: $1500/ (have only received 1 months rent so far)My husband and I bring home $6750/ and have excellent credit.