A serious accident with injured person requiring hospitalization can get to a million dollars in a month or two of medical care.Hence the efforts by asset protection specialists.For my part, I just use the LLC approach.

It all comes down to having the right team and knowing your market inside and out.For context, I built a 12-property portfolio in Detroit that now brings in $16K/month in gross rents.

I won't touch it if I can't make $100K a few months on something. 

But i had another 8 units sitting vacant for months.

LIREIA hosts at least one meet-up event every month on Long Island. 

I will be getting married in a couple of months.

Then many years for the equity position to be recovered.2) let’s go no financing and use 50% rule so $900/month after sustained expenses

The property is currently tenant occupied on a month to month lease at $1150 per month. 

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

This gentleman has made 13,000 cold calls in 6 months.