😂@Russell Brazil @Jay Hinrichs @James Wise @Chris Seveney @Don Konipol @James Hamling @Bruce Woodruff @Scott Trench @Jonathan Greene @Shiloh Lundahl @Steve Vaughan  and if I left you off this list it might be because I just couldn't get you tagged properly :)Unfortunately the glitz and glamour is what sells, especially training programs.

More flexibility for programs and rates for clients. 

I do my own programming to get alerted for new listings, and do my own calculations.

There are some creative "non-QM" programs that might also be available to you. 

Same for 2-years of job/income stability.Tenant Default: 10-20% probability of eviction or early lease termination.Section 8: Class C rents usually meet program requirements, proper screening still recommended.Vacancies: 10-20%, depending on market conditions and tenant screening.Cashflow vs Appreciation: Should cashflow immediately, at the lower end of relative rent & value appreciation.Class D Properties:Tenant Pool: Majority of FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, but should have no convictions/evictions in last 12 months.

A lot of borrowers that are self employed have solid personal or business cash flow, but DSCR just doesn’t work because of conservative rent calculations, higher insurance costs, or interest rate pressure.With a bank statement program, qualification is based on 12 or 24 months of business or personal bank statements rather than strictly using property cash flow.

If the negative cash flow is manageable and doesn’t block future investing, holding for flexibility may be the least bad option — but I wouldn’t force a large cash paydown just to feel better about the numbers.Have you considered operating your home for transitional housing to homeless veterans (VA-VASH program), senior care, etc.?

See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy + tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.

My concern with independent contractors is keeping cost under control.Do you know anything about RentRedi's maintenance program? 

Do you use Zillow or other programs that allow you to filter very specific requirements for properties located within the US?