My tenants support my small business and I support my business owners and commissioned or self employed tenants when possible.

Closing on the property happens, then shortly thereafter he/she has life changes, or whatever, and wants to leave their W-2 job and go to self employed or something other than full time W-2.

I just wanted to add also that many syndications purposly utilize cost segregation to generate losses- but lot's of people can not deduct those losses in year incurred due to passive loss limits. 

This unit cost us $250,000 to build and generates an average of over $3000/ month.  

Generating the 10k/month without taking on any debt sounds very challenging. 

Although I'm really grateful for my current employment with the military, it's a bit sporadic and unpredictable in terms of schedule and income.

Lead generation is the most important thing you can do.

The Solo 401k is typically the preferred structure for those who are self-employed or own a business without employees.

For most people owning one rental property is really nice....but it doesn't create generational wealth.  

DSCR loans are available, closing costs and rates may be higher but I have seen 80% LTV cash-outs on the private side with no DTI, tax return, or employment requirements with much fast close times / less seasoning.