I also recommend reading “Long-Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Rental Properties” - I found it to be very helpful when I got started investing 2.5 years ago.

Credit Score: A minimum credit score of 620 is generally needed for financing a rental Debt-to-Income Ratio (DTI): Lenders will look at your DTI to ensure you can manage the mortgage payments alongside your existing debt.

@Farris Roach III we definitely can, and also if you dont mind me asking how did you become an account manager for a bank?

Self managing a property is challenging but educational.

.- Seeking properties that can generate $2K+ a month in combined rent after factoring in property management, insurance, and property tax expenses.Seeking Advice:- Would purchasing two houses in the Midwest to achieve $2K+ cash flow per month be a sound strategy, or do you recommend alternative approaches?

It's crucial to ensure that the terms are manageable and that this approach doesn't jeopardize your financial recovery plan.2.

Hey Chad - my office manager deals with this but we are not big fans of Airbnb.

The tax deferral from a cost segregation study is a very powerful and strategic tool to utilize in a wealth management plan for your estate.Enhancement of Property ValueReal estate property that has had a cost segregation study performed on it is more appealing to buyers and investors as there is potential for a continuation of tax savings.

Did you find a good property manager in the area? 

@Devanand Ramachandran It sounds like you should hire a local property management company that specializes in the area and property type.