Location of where Guido can find you in case of DeFaultseriously, on a first deal they typically pull your credit, copies of bank statement and employment verification.

I am a self-employed 20 year/old and my pre-tax income is $60,000.

Reaching out to the City to see the number of new construction permits, evaluating the area infrastructure, state of the market economy, determining whether the major industries players (aka employers) will remain intact due to Amazon effect, etc.My best!

While I do not have much to give in real estate, I was able to pull together some data on prices for SFH in the suburban area of Dayton Ohio (Near WPAFB, a big federal employer) that I want to share.

@Andrew CheekHaving a management company can be a good idea...it can also be a bad idea.It really depends on what you are trying to accomplish.Having a management company does potentially create an opportunity for self-employment tax liability.If you are trying to put money away into a retirement account or deduct health insurance, maybe a good idea.Good to talk to an accountant before you go this route.

It is rented at around $1,975/ month.Tech ridge by itself is booming with employers, 3M moving in there.

My wife is a W2 wage earner and I am 1.5 years self employed (yeah I know) though our adjusted gross income is decent, credit score is good, DTI is good I'm still concerned I'm missing something.

Keep in mind that you don't have to pay self employment taxes on rental income, savings and also if you do make a profit you can deduct 20% of your income under a new tax law if you spend I think something like 250 hours per year. 

What strategy did you guys employ on buying your 2nd rental during the downturn.

You can't "employ" someone without paying them.