Is there a specific formula investors use to gauge whether they’re properly leveraged, so they can continue buying rentals with confidence even during tougher economic cycles?

Specifically interested in the Detroit area as well.  

Please post an update with more specifics...

Happy to dive more into specific markets I operate in if you're trying to hone it down to which city! 

Good markets are subjective and depend on a lot of things like the specific location of the property.You can Google this and find many articles that say why certain areas are good.I just saw SC is a top area with Charleston, Myrtle Beach and Greenville leading the way.

We have credit history criteria, rather than one specific cutoff score.

It depends on your market and your specific situation and goals.

Dallas is a strong buy and hold long term play as I'm sure you know it's a hot bed for job and business growth across various sectors.Happy to dive deeper into the specifics if you're looking into Dallas! 

So I'm looking to connect with someone who can spend 30-60 minutes talking about short term rental considerations specific to the area.

Hey @Saurabh Kukreja, we use QuickBooks Online for all of our Clients (REIs) and I use it for my personal businesses/rentals as well.We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.