And yes amenities are considered as well, not pools or spas or weight rooms, LOL, fridge, stove, A/C and type of heat....And your qualification % are HUD guidleines @ 30% and 10@ with usual circumstances, like additional handicap accessible amenities required.

They are worth their weight in gold

When they are out of the program you have some dead weight on your hands.

Having veriified the utilities and taxes and insurnace, and allocating $27,252 (verified)annual repairs/upgrades $20,000 estimatedannual upkeep, paintining, etc., $12000 estimatedparttime maintanece man $6000All told: about 69K My CAP rate, if using the asking price of 265K would be 12%Note, I could own that building 20 years and never ever be done with upgrades and improvements.

I also plan on only using cash flow from the properties for maintenance, upkeep or down payments.

Serious wear and tear on the unit is a given, even if the tenant is good about cleanliness and upkeep.

This is worth its weight in gold!

When the big three were finally able to shed all of that "dead weight", it put the state into a spin that it may not recover from in my lifetime.

Not sure what more you would "owe your boss" considering you have done well and get paid comission only if you pull your weight.

An appraisal, by a licensed appraiser will hold more weight than comps by agents, etc.