Hyrum,You do not need to pay off your car there are programs that allow higher DTI or no income like DSCR. 

for their one on one program.  

When Reagan cut the program for some people, he was kicked off the "system", got a job and has worked ever since, gainfully employed, paying taxes, now in retirement collecting Social Security from a system he actually paid in to.There was no physical reason he was collecting social security services "disability" payments, it was a spiritual problem.

@James Wise but the gurus teach you to post 5x a day selling something which they say workswhen in reality showing you are an expert in something and giving it away for free and giving an answer vs telling someone "hey buy my program or go to this site complete ten forms then I will give you an answer" wins you a lot more business. 

Does anyone have information about the pace program?

In addition, we've seen various contract changes like tenant security deposit scheme, pet programs, etc. 

Also I'm in a program that paid for most of my schooling.

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.

That way, they can give you soft quotes and help identify which programs, rates, and lenders fit best for your scenario.

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.