@Drew Sygit would be clearer if the shading was used to illustrate the eviction rate rather than population density.  

You can go to the Property Appraiser's site, put in the address and it will show you what the living square footage is and illustrate what that includes. 

The order of the steps is illustrated below.Below are some of the most important criteria by which I would evaluate potential locations based on dependable passive income characteristics.Inflation Protection - Unless your rental income increases faster than inflation, your buying power will decline.

You'll have a good idea that its properly designed if the cash value to premium ratio in Year 1 of your illustration is about 85-90%.

My definition of a dependable passive income is as follows:Reliable - You continuously receive the income with minimal interruptions, in good and bad economic times.Inflation Adapting - Your rental income increases faster than inflation, so you have the additional dollars you need to maintain the same lifestyle.Persistent – The income continues for a long time; you and your spouse will not outlive the income.Below is an illustration of the process I recommend following:Goals - Start with your goals.

Illustration: 4 X 1,250 = $5,000 * 75% = 4,000 / month - 1 unit for you to live there = $3,000 in debt coverage. 

Because the maximum amount the VA will guarantee is $600k (you can go higher than this, still at 0% down, but this illustration is in the realm of split entitlement - which is your situation, which also applies to you regarding remaining entitlement).Your buddy's home that you want to assume is $250k. $300k + $250k = $550k.$550k is less than the county loan limit of $600k, so it means you can assume the loan as long as you meet the DTI and credit limits.If your buddy's home is >$300k, say $350k, then $300k + $350k = $650k, which is < $600k.

The Power of Bonus DepreciationTo better illustrate the potential impact of bonus depreciation to the right person, let me share ahypothetical example that closely mirrors the benefit that some of our investors are enjoying.John is a Radiologist who is part of a multi-partner group that covers several hospitals and free-standing imaging centers.

That is, as others have hinted, you need to bring to the table the knowledge your prospective investors may lack.So, that's where I recommend you start: learn how to raise funds for deals, and what you'll need to know so you can illustrate the value proposition a deal may represent.My $0.02 ...

This illustrates what I am talking about:and no school loans needed.Here is a "Good" link that can give you a glimpse of the business to help you figure out if it's for you, or not.How to Wire a Hot Tub: https://www.youtube.com/watch?