There are other liquidity considerations too, which necessitate looking at your whole financial picture.The Mortgage Professor is Professor Emeritus at Wharton (arguably the best business school in the world) and has similar calculators on his site:CalculatorsI would trust his calculators over others FWIW.

or necessitate some of the increases?

Also, in bathrooms and kitchens any sewage backups or long-term minor leaks will eventually get some mold growing between the paper and the clearcoat, which necessitates replacing the whole room floorcovering.

Hey all, I have a question about the requirement that necessitated 2 years of rental history to be shown before allowing that rental income to qualify for a conventional loan. 

Responding to a rare opportunity, I already have an accepted purchase offer on an older home in Eastern Washington, the condition of which necessitates certain upgrades before the property can be bank finance-able.

You'll then be able to have tax advantage there.There could be other advantages regarding your situation and the desired legal structure you want.Also, you might want to consider other variables such as:S-corp tend to necessitate more paper filing and upkeep The way you're going to get funding might be different with S-corpAs always, you'll need the help of professionals to assess your situation. 

(Just for the record, it's the ONLY time I use a gun slit.)Of course, this necessitates crippling up the old opening and finishing the exterior to match existing material.

I realize that buying more properties would allow for greater equity appreciation, but I also need to maintain awareness that buying more properties will also necessitate more time on my part. 

Most of the trim (baseboards, window boxes, door casings) had been scratched and chewed by the dogs and was ruined.Being long-term tenants (~9yrs) the finish flooring would need to be replaced anyway, but the amount of damage to the subfloor - particularly on the ground level necessitated removal of the entire subfloor.The bathroom vanity was in rough shape and there was a mysteriously missing square of drywall from behind the toilet (earlier pictures from when we purchased the property showed no hole behind the toilet).The carpet on the stairs and in the closet under the stairs was originally a light green in colour (with traces of red).  

Doing all that structural work necessitated getting permits, and required quite a bit of plumbing.