BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

The percentages are going to be up to you There are all kinds of High interest account that require all kinds of hoops to keep them.

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

I am not a fan of concessions as I believe that it will attract lower quality, shorter term tenants.

For example, maybe you will get to 10, 20, 30 houses and then find an owner who has a large portfolio and all of a sudden you are at a high door count and now need to hire, need to build your policy binder, and all the other stuff that comes with running a business.

Some don't like the idea of a 2nd position lien that is very small and very high on interest rate. 

@Jacob W. land market in FL is highly competitive.

Hi Srikanth, I’ve been investing in Cleveland neighborhoods with a similar focus, targeting properties that align with appreciation potential while attracting quality tenants.

UPDATE:  Just chatted with the city and learned that variances have a high threshold for approval.  

Expenses seem abnormally high on this as it's not a nightly property.