Instead of verifying your personal income or employment, the lender looks at the property’s rental income compared to its mortgage payment — if the rent covers the debt, you qualify.

It’s an affordable market with strong fundamentals—population and job growth are booming, and rents are climbing steadily thanks to major employers like Intel, Amazon, and Google.

Understand your potential tenant pool, local crime states, drug/homeless in the area, schools, employers, etc. 

If it's a flip, this would not be eligible for 1031 exchange and you will be taxed at ordinary income rates plus self employment taxes (most likely).if you live in the primary residence and house hack, you can exclude a percentage of the gain upon sale based upon bedrooms rented.

For example, your employer might give you a 100% match on 401k contributions.

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?

I'm a US citizen, however have resided in Australia since I was 6 so have zero US income, residence or credit history.We own property in Australia with strong credit and employment history and visit the US regularly.We would be looking to purchase LTR's with a mortgage in the $100-$150k range and would have at least 20-30% to put down and potentially more.We're enquiring via a couple of international lenders however I was curious if anyone here had any advice or experience in this area?

Definitely dive into the Syndication and Landlording forums here, lots of free, battle-tested advice from people who’ve walked that exact path.How’s your OKC market knowledge so far: neighborhoods, employer base, rent-to-income ratios, and supply pipeline? 

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?

For us, walking into an office, making eye contact, and a firm handshake - isn't at all what it takes to find quality employment for a lot of younger guys.