I would assume that military tenants are more respectful renters but that is only an assumption...

View report*This link comes directly from our calculators, based on information input by the member who posted.Hello, I am reviewing this potential rental property and I can’t figure if I am being too conservative with my expense assumptions.

That means that either the after repair value assumption is incorrect, or you have $100,000 in repairs do deal with.If you want to flip the home, your exit strategy should be to sell it break-even if you have to, or rent it out if it doesn't move right away.

I’m relocating to the Denvet area and looking to take the relocation as an opportunity to start my real estate investing career.Looking to house hack a small multi family with a low money down payment.Are my assumptions correct on the analysis of this property? 

I take this opportunity to correct a wrong assumption I had expressed in my original post: When a foreigner inherits a rental property located in the US from another foreigner, the exemption is not actually $60k.

@Melissa Anderson yea that assumption is valid but people can be married and live separately.. it’s very common.

Will have to revisit that assumption.

I wouldn't make assumptions about the money management skills or life skills of the prospective renter based on the information presented here.

I suspect that as part of what is considered in doing a full blown appraisal, your overall risk profile and DSR (Debt Service Ratio) will be looked at.You have to be careful about your assumptions and ensure that the stuff you're adding to your portfolio is capable of producing the income where that looks favorable, especially if you don't have other earnings (or much of them). 

That is not a rule but it is fairly standard, (though there are ways around it).Assuming 6 months from the time of a cash purchase to refi is a safe assumption. as for your 70k, aren't you considering doing a BRRRR?