Has anyone did a DSCR with the company the Mortgage Source? How was it? When did you get the appraisal from them?I am curious to see.

If you have a BiggerPockets Pro membership, Rentredi is free which is why I started using it, but I've kept it for a number of years because it's simple to use and effective.

Its a simple matter of the math.

That’s how much you have to spend on 1-3 replacement properties (to keep it simple)2) How much equity do you have in the property?

What you can learn from my loss of a year's worth of work:Use your own judgment on the interest rate sensitivity.Figure out how much  NOI drops per 1% interest rate increase.Add 1 to the cap rate  per 1% interest rate increase.Then its pretty simple math to see how it goes upside down.My house is warm. 

In fact it may actually complicate litigation in the event a claim were to arise while adding additional insurance expenses to your real estate operation.To explain why this is the case I’m going to ask one very simple question: In the event a tenant dispute, premises liability, or any other claim were to arise, what prevents the Plaintiff’s attorney from merely listing your wife who it seems is the property deed holder in your fact pattern as a Defendant?

For us, its simple supply and demand.

Simple as that.

Some are incredibly simple and require little to no repairs. 

Here’s how to get itFor an unbiased legal opinion, consultant with an attorney whose fee isn’t contingent on outcome, or loading billable hoursFor an unbiased financial opinion, consultant with a FEE ONLY financial or FEE ONLY investment advisorFor an unbiased real estate opinion, consultant with a fee based consultant, preferably one who has obtained the CRE (counselors of real estate ) designation.