It reminds me of a buddy of mine in San Diego who realized early on that the investors who stuck around longest weren’t just chasing the best cap rate..they were sticking with him because he made them feel like they were part of something that actually mattered.

Presidents do not change tax laws.They can issue pardons and various executive orders, but changing tax laws can only be done by Congress.It does not matter what tax laws Biden or Trump want and promise.

The only things that matter are credit, down payment, reserves, and DSCR ratio! 

For something more robust, tools like Excel or online calculators from financial planning sites might better suit your needs.Your ROI Formula:ROI = (Net Cash Flow ÷ Total Out-of-Pocket Investment) × 100For your scenario:Net Cash Flow = Annual Rental Income - (Mortgage Payment + 401k Loan Payment + Other Expenses)Total Out-of-Pocket Investment = $40,000 cash + $50,000 loan payments over 5 years.I came across a piece in Bloomberg recently discussing creative financing, and they touched on ROI calculations for multiple loans.Personal anecdote: A buddy of mine leveraged a 401k loan for a fourplex.

I would also just put it up as soon as you can.. that's the best way to get started, it doesn't really matter what season it is.

Coming out of the 1031 I'll have about 620k to invest which means I am looking in the 1.5 to 2 million range if it matters.

No matter what program you use, you're going to see a major jump in pricing/rate from 25% down to 20%, and again from 20% to 15%.

I started my domain over 10 years ago when people first started going online trying to buy fixer upper houses.

Poke around online to see if any of those organizations are in the area.Thanksgiving through the end of January is the absolute slowest time of year for leasing properties.

If you choose an online program, ask how much access you have to the coach.