(With some improvement rent could maybe go higher)Basic utilities are covered by the landlord (electric and gas).

The problem with that is that it includes utilities and I have no idea how much they are allowing for that.

I've done 3 deals and own a total of 11 doors with my own money and now want to start utilizing investor capital. 

Does the FCRA have any input on to whom I rent... meaning, does it create any limitations on my criteria:  no felonies in past 10 years, not on probation or parole, no evictions in past 10 years, good references from prior landlords, not owe money to any prior landlord or utility company, have reasonable credit, income is 3x rent, etc.

I’ve been listening to podcasts for a few months, reading books (Rich Dad/Poor Dad, ABC’s of Real Estate, 4 Hour Work Week, etc), and have done moderate research in the industry.

Should be 12800 incomeOur expenses are approximately 10k a month on average-3300 for mortgage-900 for insurance -3500-4000 for utilities (water and sewer are provided by us) and we have on site laundry that costs us 1400 dollars included in those utilities. -1000 to the resident manager-500 to maintenance guy-600 taxesOur issue right now is that the previous landlords let the tenants slide on rent sometimes.

The whole industry moves up together, so buyers are stuck.

@Cody SkidmoreShould you decide to utilize the ROBS 401k to finance a real estate operating company, the following requirements from the real estate operating company side of things will apply.

I have worked in real estate and have a basic working knowledge of the industry, investing, etc., but I bought this book to gain more knowledge to use in my own investments.

This has me wondering, would it not be better to forfeiting the 3.5% FHA loan (should be eldigble for a 3.5% FHA loan around this time next year in terms of 2 years in same industry), and simply begin purchasing cash flow turnkey properties from reputable companies like those owned by Chris Clothier?