Except that you will be required to get a loan for $200k or put another $200k from your pocket in to the deal.

Consultants, inspectors, and mentorsProperty managersAssistantsBookkeepers, accountants, and attorneysLandlords if you rent your office spaceYour business partners if you paid them (except if they were strictly lenders)Disclaimer about wholesalers: it is a controversial issue, with some of my colleagues claiming that wholesalers do not need 1099s.

There are still a few that will give you a loan but the traditional 90% of purchase price and 100% of rehab might not be possible without an exception.

It was the same price as the 1st property I bought except twice the size and two of everything.

Most of my clients are at 20% with only few exceptions for very high grossing properties and clients with multiple properties with me.

I have considered doing a TIC/coop in San Dego but have the belief, without any data except for how I would value the financing challenges and tic risks, as being much greater than 10% price difference from condo price.  

Hello Kyle,When screening applications for the properties that I manage, I always look for:- Income of at least 3 times the monthly rent (verified through the employer)- Credit score of 580+- Rental verification with past landlords (no outstanding balances, no late payments, and the property left in acceptable condition)- No history of collections, evictions, or criminal offenses- No overdue debt (except medical debt)I have found this screening standard very helpful when finding tenants who pay on time and treat the property well!

There are some exceptions, but the HOA dues normally kill your returns and there are all kinds of other issues having tenants living close together. 

In my practice, I am committed to delivering exceptional service and leveraging my decades of experience to benefit my clients.Additionally, seek out testimonials or referrals from other real estate clients to gauge the CPA's expertise and reliability.

Each DSCR loan is separate and qualifies separately, so one doesn't necessarily affect the other except for the liquidity needed to close since you'll have multiple down payments/closing costs for each transaction.