If you could get it to appraise for 125k you would have about 90k to work with, you could pay the loan off and give your brothers their portion.

As mentioned it can be difficult to get another FHA loan if you have one currently unless you have a job transfer, family size increase, etc.

The storm water collection is based on the size of the parcel  with some relief given if there’s storm water management systems on site (usually only applicable for larger sites where developments were required to implement such systems).

If you’re just starting out that limits you in the size of investment.  

So I've heard this can run you a lot - around $30,000 for the average sized home of $400,000 in the area I'm looking at.

"But when you purchase a property, your basis for deprecation is the cost of the property to YOU"sure. but the depreciation clock doesn't start when you purchase the property unless it's ready to be rented immediately and in the purchase year it'll be a fractional portion of 1/27.5th, so do to the calculation they'll need to know the in-service date.

Tell me what you use, why you use it, the scale or size of your operation and what’s the most important feature that this CRM has that sets it apart from the competition?

Hi Joseph -  For your first scenario, if you acquire another SFH with a traditional investment loan, the rental income can count toward lowering your DTI, but typically only a portion of it (usually 75% of the rental income is factored in).

For a portfolio of that size, I'd want 10-15k in a savings account specifically for my rental portfolio, IE separate from your personal emergancy account.

15 years of investing in class B single family in Milwaukee with a medium size portfolio: 1 eviction and 3 cash for keys.I am on the board of the RPA Rental Property Association of Wisconsin and 2%-3% sounds about right to me for class C and D portfolios based on what I hear from our members.A good MF portfolio should have under 30% turnover rate, with SF you can get under 20%. 8% eviction seems very high in that context.