The reason being is because the debt will count against both of you if the cards are in each of your names.  

BUT, I've lost count of how many poster's first advice in these forums is "they've shown they're a problem, get them out" "they were late three times last year get them out." etc etc 

Tampa saw the greatest increase (+10.9 percentage points), followed by Jacksonville (+10.2 percentage points) and Charlotte (+8.3 percentage points).May 2024 Regional StatisticsRegionActive Listing Count YoYNew Listing Count YoYMedian Listing Price YoYMedian Listing Price per SF YoYMedian Days on Market Y-Y (Days)Price-Reduced Share Y-Y (Percentage Points)Midwest20.5%-0.1%4.4%4.4%-32.2 ppNortheast9.4%-4.1%6.1%6.6%-51.2 ppSouth47.2%8.1%0.0%3.3%44.9 ppWest34.5%9.3%0.8%4.8%-23.3 ppMay 2024 Regional Statistics vs.

The appraiser did increase the appraised value because they counted it *some*.

Now the minimum standards your basement has to hit for it to be able to count as assessed sqft not estimated is a height of 7 ft, a point of egress (bilco doors) and a window usually in the rear, It's one of those things where if your going to go through the process of digging out a basement you might as well go for it and dig it deeper then 7 and closer to 8 ft so you actually stand out compared to the competition.Now the other side of this coin which I would suggest is if you're willing to spend 40-50k on a basement dig, consider adding a 3rd story addition if your a 2 story (think master suite, walk in closet, master bath) or an addition off the back and add a roof deck if your a 3 story (either master suite or just additional bedroom).

I like miami and columbus because miami is land locked and the opposite. columbus is very affordable. both are the highest net migration cities by head count in their respective states 

Assuming #2, and rental income of $50k/mo (ex. 25 units @ $2000), how much would we reasonably expect to take home (Net rental income not counting taxes)?

Maximum 10 total properties (not 10 financed properties like fannie/freddie 1-4 unit properties, so even if the properties are free and clear it counts against this 10 "properties," whether there is debt/liens against them or not)You can use 1 year tax returns for self employment and 1 year tax returns for rental property income calculations as well which is huge for BP folks since most of us are rental property investors and self employed/S-corp/schedule C personal tax returns@Matthew Kwan @Carlos Valencia @Joe Homs

Focus on revenue per door, not door count. 

DSCR loans don't count against your DTI so keep house-hacking if you would like, but don't 'step over dollars for dimes'.