Banks are primarily interested in your ability to repay the loan, as they have no interest in taking control of the collateral offered, and if you can't prove a secure stream of income you are going to have to have a very large equity position in the property such that the bank would stand to make money either way and would have your equity as collateral against default. 

@Mike Dymski Are you calling the "take action" stream of thought the bird dogs and wholesalers?  

I'm diving into real estate investing to create another stream of income.

We have 14  units currently and are going to be adding at least 12 more in the next few months and would like to get somethings set up ASAP before that to be ready from the start to try to stream line things.My questions are; 1) Does Rentec have all of the accounting features we would need?

They simply like a return stream.  

And what they can bring to the table.So if you have a great job and you want to start to build up a retirement or passive income stream to replace your current job.  

Really I guess my concern is if these areas (and Albany in general) are solid for a steady stream of renters. 

I'm Donna, I'm passionate about creating passive income streams, attaining financial freedom, personal development, entrepreneurship, breaking through scarcity mentality and creating a life with MORE fun, creativity and freedom!!

However, you can still set this up now to minimize your tax exposure and still provide your parents a good income stream for retirement. 

@Patrick Wheeler I miss lakes, rivers & streams, but I'll go without for the 300+ days a year of sunshine, shorts and flip flips weather.