Also if you have significant funds set aside in reserves you can use that to supplement your rent as well to make a deal debt-service. 

He is reliable and has his appropriate insurance coverage.  

I’d suggest looking around spots like Highland Square in Akron or the nicer parts of North Canton steady tenant base and good property manager coverage.

You can buy now only if the property supports about a 1.2 debt service coverage after honest reserves or you have a clear plan to hit that within 12 months.

DSCR - Debt service coverage ratio.  

🔥 Here are a few practical reminders on underwriting and deal structuring:🏆 Start With the Numbers Know your ARV, rehab estimates, holding costs, and exit plan.If you’re holding rental properties, understand your DCR (Debt Coverage Ratio) — most lenders want to see the deal can pay for itself.📝 Funding Tools to Know:🏘️ EMD (Earnest Money Deposit): Be strategic — don’t overextend, but show you’re serious.📝 Gap Funding: Useful when you’re close but not quite there on closing day capital. ⚒️ Transactional Funding: Ideal for double closes — temporary funding with no credit pull.🔑 Short-Term Private Equity: For higher-cost flips or quick-turn projects, private equity can bridge the gap when traditional lending won’t.🤝 Double Close vs.

As an investor, you can often handle repairs far more cost-effectively than the average homeowner, which changes the way you think about coverage.

Most lenders will want 200% loan coverage.  

Most DSCR (Debt Service Coverage Ratio) lenders do not use the same credit models that banks and conforming lenders use for traditional mortgages.

Most home insurance policies have a 60 day vacancy clause which means between tenants you have 60 days before coverage is suspended.