RichI respectfully submit that the Chicken Little mentality is precisely WHY the country is in bad shape right now.

Jason,That is precisely what I was getting at and is also written by Mark Kohler in his book.

Even though it is disclosed to the buyer that she is using his funds to fund her purchase, it runs afoul of some rule precisely because it is the 3rd party buyer's funds?

Simply put, induction is turbo-charged cooking.Like gas cooking, induction allows for instantaneous and precise temperature control, which makes it as responsive as gas.

Consequently, the preferred choice is to either hire or contract with a researcher or court research firm.In any event, I suggest that you define precisely the data you want, the fields and format you want it in and be prepared to pay for it.

They're there precisely so you can easily look up tax records.Now let's have a go at the comps.

If I adjust for three of the units paying their own electric than my approximate electrical usage drops to $2066 per year which increases cash flow to $5,248 annualy.Here are my numbers as they currently stand:  Assumes $700 mo for the owner occupied unit than 500, 550 and 350  monthly.All tenants are on a month to month so I am not locked in with them so if they don't wish to pay their own electric I can move new tenants in.InputsResultsPurchase price:$105,000Down payment amount:$21,000Scheduled monthly income:$2,100Total out-of-pocket expenses:$22,200Other monthly income:$0Vacancy rate (%):5.00%Debt Service Calculations:Number of Units4Blended rate:5.500%Financing information:1st loan amount:$84,000Down payment (%):20.00%1st loan monthly payment:$4771st loan portion (%):80.00%2nd loan amount:$02nd loan portion (%):0.00%2nd loan monthly payment:$01st loan interest rate:5.500%Total annual debt service:$5,7231st loan term (yrs):30Amortization (yrs)301st loan closing costs:$1,200Income and expenses:2nd loan interest rate:0.000%Gross scheduled rental income:$25,2002nd loan term (yrs):0Gross other income:$0Amortization (yrs)0Total gross income:$25,2002nd loan closing costs:$0.00Less vacancy:-$1,260Total annual operating expenses:-$15,114Operating Expenses (annual):Net Operating Income:$8,826Real estate taxes:$2,300Annual cash flow:$3,103Insurance:$900HOA dues:$0Management fees:$2,640Rates and ratios:Legal expenses:Capitalization rate:8.41%Marketing:Cash-on-cash return:13.98%Landscaping and snow removal:$0Debt service coverage ratio:1.542Maintenance and repairs:$1,320Reserves:$528Other Calculations (precise in one-loan scenarios):Supplies:Minimum desired DSCR:1.2Other:$0Purchase price to support minimum DSCR:$134,935Landlord paid utilities (annual):Average Cap Rate Supported (based on local area):9.6%Garbage:Water and sewer:$2,052MAXIMUM purchase price to support required Cap Rate$84,730 Electricity:$4,210Gas:$1,164Phone/Cable/Internet:$0

Are you aware of more precise areas?

Hi @Ella Miller,We are vacation rental property managers and relocated from Miami to the Kissimmee area near Disney for precisely the reasons mentioned above.

That is precisely what I figured re: loophole, and since you have successfully done several I defer to your experience.