Decide on how you will manage and adjust your P/L estimates accordingly.e. 

So lets say 10Y remains at 4 for the next 10 years, we would see more volatility in main street real economy because they are not fully adjusted to higher interest economy environment YET.t

We are always concerned with ‘risk adjusted’ return, rather than pure LOI.  

The only adjustments I made were adding a couple additional rows of data at the very bottom of each page to track what I paid in principal each month, and what my net cash flow after that was.

I am definitely not pro adjustable rate interest financing.A newbie investor may not see very much flexibility in some lenders,  like someone who has a larger portfolio might be able to accomplish.The reason I mentioned both together is the lender is basically a partner in the deal- a senior partner in a way.

If it were sold through normal real estate brokerage firms, we would have to pay 6% commission, therefore I deducted 6% from the appraised value to arrive at an adjusted value  of $436,160.   

You can't speak to lender or adjuster. 

Your current accountant should have the exact number that is your adjusted cost basis of the old property at their fingertips. 

Your gain on the rental property will beSales price less sales expenses less adjusted basis.Adjusted basis is purchase price plus improvements less accumulated depreciation.Best of luck.

Typically, I've used the 70% MAO rule, but given the current market conditions, I'm wondering if adjusting this rule to 80% is more appropriate?