This counters what I've read on Fannie Mae, here, and other sites.

Read it wrong.Yeah with those numbers, the only way I see there being enough cashflow to make it worthwhile would be to buy it for less (doesn't hurt to offer), self-manage, add value and raise rents, or lowing the mortgage payment by putting more down.

I’ve read tons of books and have finally got my foot in the door.

I’d love to read words of the wise and experienced!

Been listening to podcasts and doing a lot of reading and it won't surprise anyone that I find this community to be an amazing resource full of some really thoughtful and kind individuals.We are currently making an offer on a piece of land up in the Seattle area (hopefully around $170k) that appealed to us because of it's location for a possible home when we retire.

I read online that they primarily look at DSCR and operating income.

If you read both, you will understand that I need some serious help.

Contracts are too important.After searching Google and reading thru websites, asking ones' network is still the best.

I've read several articles, but still not sure of my next step.

@Alexander Felice send me the link so I can read up on how exactly to do it please.