That includes any profit from the rents, as well as funneling any income I have available from my day job into debts.I am very motivated to keep rolling and get started on the next one soon, but it's seeming a bit difficult when I look at the facts. 

Income is the number one thing to consider followed by credit history.

@Cameron York  any reason you don't want to simply buy performing notes and skip all the brain drain and associated risk and time it takes to do the NPN.from my personal point of view the only reason someone would do NPN is if the had a lot of money and time... because some will be winners and many like talked about up front will be 100% losers.so you need to income average as it were and that takes volume.wereas performing notes done correctly have less than a 5 to 6% default rate and you can make pretty nice returns and sleep well.. and not waste all the time and drama on the NPN side of things.If your going to the Portland BP meetup next Tuesday I will be there we can discuss a little more if you like...

But the high prices/taxes and my conservative estimates for the gamut of expenses and income don't allow anything to get close...

hi my name is brandon cook, i have invested in a few properties in detroit and am looking to take my real estate income/portfolio to the next level. i need advice

You need to join the MHU forum.You will find out this is a horrendously terrible deal.What is the lot rent and present monthly lot rent income.

Ya, i understand that commissions come slower and bigger compared to homes, but i was prepared for that wait, because i am currently living all on my passive income of my current rental portfolio as long as i stay within my means and have a few months worth of living expenses saved away for the times i loose a renter and have a vacancy. 

You could get a no income verification, no title seasoning, cash out loan (the rate is above bank financing, but certainly below hard money commercial) and pay back your family/friend.  

Unless you only want one or two properties to have a little side income coming in, you need to have a healthy market for your units. 

.)- Self sufficient flipping business (team of employees)- Retail Real Estate brokerage for retail deals and property management (most likely acquire pre-existing prop management business)- Expand student housing portfolio- Build out-of-state portfolio for passive income- Possible: Create hard money lending company using OPMWhew!