If you are looking to just calculate profitability, set how much profit you want to make then:ARV - Purchase Costs - Holding Costs - Selling Costs - Desired Profit - Rehab Budget (including contingency) = Maximum Allowable OfferIF you cannot calculate those numbers, a spreadsheet isn't going to help you. 

Do current tenants have a say in deciding if the landlord will be allowed for this conversion or no? 

My credit should be the highest allowable also and I shouldn't have problems with approval.Ok, i shopped about 80 lenders (based on Fridays rates, market is closed so no live pricing)Conventional Full Doc loan you would be at 7.875% if you put 20% down (you said what the house was worth, but not your purchase price). 

As with all regions, the Oregon Coasts' counties and cities are tightening their rules (and quantities of allowable vacation rentals) and there are a few adjustments to last year's regulatory landscape.

And is the maximum rent the HUD allows fore Section 8 tenants. 

Hi Fernando....I'm a broker looking for a company that does DSCR loans with no or very little seasoning to allow for the value instead of the Purchase Price.

EBR housing allows around $1,300/month for 3 bedrooms.

Remember, the seller is someone so desperate that they are allowing an 18 year old kid to flip the contract to sell their home.

Since agency loans don't allow you to put the loan in an LLC, ask your wife this. 

I'm considering shrinking the enclosed porch to allow egress from the 2nd bedroom window to the outdoors.Looking for some thoughts and guidance.