The hardest part hasn't been dialysis or living on a joke of a fixed income.

Once they have the down payment (typically about 25% in today's market), If my clients are looking to buy investment properties and hold them longer term, they will use DSCR loans which are loans that don't use the borrower income and are based on the rental income, the down payment and the borrower credit score. 

Do you want to be more passive on this property or take an active approach? 

Even an in-law would allow for some income and flexibility. 

Are you in a higher income tax position?

The high income tax and property taxes or the high price to rent ratio. 

I want to grow my income as I get older!

My plan is to reinvest the most of the income back into the property until I'm satisfied with its condition and then start putting away for a downpayment for another income property - since that one will require 10-20% down.

Hi Jay, Using equity from your home is a great way to start, there are many programs especially for investors that will not require any personal income documents or using a DTI to qualify you.

Do they want consistent stable income?