Are you trying to afford a house much more expensive than your W2s could cover? 

There is also parking per unit and impervious cover that could be an issue.

If it's a gray area, we usually cover the service call the first time.

So you must cover that 10%, holding costs, and have reserves for overruns. 

This helps determine if I would be responsible for covering those costs.

Good paint is $50-$60 a gallon and covers 350-400 sq ft.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

But when the two elevators went down and we realized we were barely able to make DSCR and weren’t cash flowing enough to cover long term major maintenance and cap ex, we had to pivot into Plan B.in regard to renovating in a partially occupied building, it’s a nightmare.  

Or we print xxxxx dollars to cover our interest and debt payments.  

Quote from @Bryce Cover: if you aren't getting licensed yourself, are most of you leveraging realtors for your transactions, lawyers, or representing yourselves in these transactions?