Finding that balance between understanding their needs and still making sure the deal works for me is something I’m always working on.

@Logan Lambert well my section 8 tenants that are currently in there are living pretty thugged out and I’m sure that when I need to recover the unit that it’s going to be significantly damaged due to the fact that I had an inspection done three months ago and wasn’t happy with the pictures I received.

I have not seen anything over 80% nor would any of my properties be able to afford a loan of more than that with these rates.

Juan Mendoza not sure about your state, but in California, technically speaking, you do have to have a built in closet of some kind to count a room as a bedroom.

Someone else just told me a similar thing, to make sure that loans can be secured for the property. 

., or Boston, Philadelphia offers relatively affordable rent, or section 8 tenants, especially those who are relocating from more expensive areas. 

Quote from @Tyler Garza: Deal :Duplex Home2 beds / unit2 baths / unit3,000 sqftAsking 300k60k downEst rent/yr - 31,2005% Vacancy20% Op ExpenseMortgage 240k assuming 7%Results: CF - 6,600Cocr - 11%Cap - 8%Looking at this for a buy and hold and trying to determine if I am analyzing this right@Tyler Garza I can get to your COC of 11% and cap rate of 8%, but since I don't know your loan payment or amort, I'm not sure how you got to CF of $6,600 - I'm getting arond $4,600.And a couple of things jump out at me with your assumptions versus most of my CFO clients: 1) a 5% vacancy rate and 20% Op exp margin seem a little low, 2) an LTV of 80% LTV (with a 7% interest rate) seems high unless you're house hacking, 3) Depending on the location of the property, the $1,300/month/unit rent may be low.

Not sure if my tenants work there or not.

Not sure, probably not much room to make big structural changes.Are there any caps on pass-through expenses?

@Jeremy TaggartFor sure on the house hacking!