If you are going to maintain outside employment to pay the bills, have the skillset be at least partially transferable.

We have a rubric that we use for the background check, LL feedback, rental history and income into that gives us an up or down or if someone is borderline then we employ risk mitigation items like double deposit, or LEAP policy. 

The project would add an employment hub to Caldwell County, which last year was the ninth-fastest growing county in the U.S. among those with at least 20,000 people.

Verifying last 2-years of rental history and income/employment extremely important to find the “best of the worst”.Tenant Default: 20-30% probability of eviction or early lease termination.Section 8: Class D rents meet program requirements, often challenges to pass Section 8 inspection.Vacancies: 20%+, depending on market conditions and tenant screening.Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciation.Where did we get our FICO credit score information from?

Quote from @Sam Page: Scott - what kind of strategy are you employing? 

Quote from @Michael Kare:I addtion to the $1,000, I have about $5,000 of self employment tax due.

DSCR Loan – Cash Flow is KingDown Payment: 20–25%Key Benefit: Qualification based on property income, not personal incomeTrade-off: Higher rates, but freedom from W-2 and DTI limitsPerfect for investors scaling their portfolio or self-employed borrowers who want to let the property’s numbers do the talking.5.

Consistent income, clean record, stable employment, lack of animals & life situation are easily as important to me. 

The IRS treats it as a business so profits are subject to both income tax and self-employment tax.

Verifying last 2-years of rental history and income/employment extremely important to find the “best of the worst”.Tenant Default: 20-30% probability of eviction or early lease termination.Section 8: Class D rents meet program requirements, often challenges to pass Section 8 inspection.Vacancies: 20%+, depending on market conditions and tenant screening.Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciation.Where did we get our FICO credit score information from?