This rule is good for the 30,000 foot view of running numbers on deals so you do not get bogged out with running those numbers on every single deal for example..

As a licensed real estate agent and contractor, I speak the language and can guide you through the process to ensure everything runs smoothly.

Run don't walk

Has anyone run into problems with this sort of lending?

Specifically, Texas has some of the highest insurance and property taxes in the nation, but the appreciation makes up for those high costs in the long run.

Quote from @Jonathan Grzeszczyk: David Greene has a series (Sold, Skilled, Scale) that teaches agents how to run their business like a business.

When I run the numbers based on these rents, the property operates at a negative cash flow.If I increase the studio's rent to $1,400 per month, the property becomes cash-flow positive.

They didn't run away with my $ so that's a plus.

I run a local meetup in Portland. 

Years ago, folks called it “AK run” due to its reputation of violent crimes.However, that’s just reputation.