This formula is used most frequently in a commercial property (5+ units) because often times the loan is a non-recourse loan ($1mm+) so the lender has to rely on the property to support itself since the lender can't look at the borrower as a qualifyer.However, if you are talking about SFR or a 1-4 unit property, you can obtain a conventional loan. 

If so, you can count on your "economic vacancy" being a lot higher than what you are projecting due to non-paying tenants, plus higher and more frequent turnover costs.We would really need more information that what you provided. 

I’m in Atlanta now, but frequent the area and would love to connect!

I believe so, DT will leave the United States like a busted Atlantic City Casino.

In Atlantic County, there's more and more talks about jobs coming back into AC due to Hard Rock Casino and Ocean Resorts (previously Revel) opening this year.

I haven't had much luck finding many of these types of folks in my area: most are expensive, they come and go frequently, so you have to keep a list 5+ deep to make sure timely service is achieved.Anyway, those of you who've "been there, done that" in a slower growth mode like I am describing...what's your story of managing growth?

By the way, what's your opinion on the Everett Real Estate prices now that the casino is coming in?

Someone who shot up a house isn't going to just do so then "check in" 6 months later to see if they taught their target a lesson, they are there passing by frequently, or at least will get word of what's happening there.

Then use a Dremel/file/grinder to slowly grind away the material to match my template line....go slow and creep up on the fit with frequent test fitting.

I am running into this frequently and looking for a way to work around.