I live 100% from the income from our holdings. 

I only WISH I had known about this ability to make money earn in two places at once while ALSO getting a death benefit and future tax benefits.

This means that they are going to look at the ratio of the Net Operating Income (NOI, or income - expenses) divided by the monthly debt service (your monthly payment).

Quick back story is I am a Missouri resident that sold a Maryland property in June 2023, I've e-filed my federal and MD tax return as of the first week of April 2024.

The only method that really comes to mind is BRRRR, which I am not opposed to, but would prefer something a little simpler for a first time deal.Similarly, I'm making an assumption that it might be possible to use a combination of HELOC and DSCR loans on something a bit more turnkey for the initial purchase and then refi into conventional after a year or two rental income?

want to get to a point that I am living off unearned income and not earned income. 

This is a tax term that the IRS uses.

Hello Bigger Pockets Community,I'm currently engaged in cold calling homeowners whose properties are nearing tax sale, and I'm encountering numerous LLCs that have forfeited and are inactive.

Census data - median household income, employment stats, bachelors degree percentages, crime, vacancy rates, appreciation2.

There may be other things I'm unaware of that come into play as well- taxes, liability laws, etc.