It's also important to account for factors like maintenance, vacancies, and unexpected costs to ensure your investment remains cash flow positive.

I believe we're likely in or are heading towards recession but I agree that the factors that led to the GFC are not in place.

But that would allow you keep the appreciation if it's great, and buy a smaller property to boost cash flow.If you don't like the property (because of risk, potential future events, etc) then sell it and while you're getting ready to 1031 it, use the IRR calculation to compare cashflow locations with appreciation locations (the IRR factors in both).

Some lenders compare this to only the actual mortgage payment and some include an expense factor.

The key factor is ensuring the property qualifies for favorable tax treatment by adhering to IRS rules regarding short-term rentals and material participation.For the 7-day rule, the IRS requires that:The average guest stay must be seven days or less for the property to qualify as a short-term rental.If the average stay is 30 days or less, you must provide substantial services similar to what hotels offer, such as daily cleaning or concierge services.Regarding material participation, to further classify the income as non-passive, you must meet one of the following criteria:You spend more than 500 hours actively managing the rental in a year.You manage the business yourself and spend at least 100 hours, with your involvement exceeding that of any other person involved in the rental.Please note there are actually 7 ways to qualify, the above two are the most common.

DSCR loans require upfront work to calcuate multiple factors based on either the PITI or the ITI and know your ratios up front. 

So all in I am at $240,300 , hard money I am factoring in as 15% rate and since I’m borrowing 840k for let’s say 6 months , I’m factoring in hard money costs at 63k for 6 months So now all in I’m at $303,300 ARV should be at least $1.3 million (conservatively) I would cash out refi with a dscr loan and get back 975k , I would pay the $840k I owe to the hard money lenders , leaving me with 135k , and I would pay myself back with that money , and since I would have $303,300 invested , I would pay back 135k to myself leaving me with $168k invested in the house with a equity position of $325k , the actual house number are such after the cash out refinance: This house has 2 units and 3 accessory units Mortgage : $7100Heloc payment : $1300Total = $8400Live in 1st floor Rental income 2nd floor : $30003rd floor: $1500Accessory unit 1 :1200Accessory unit 2 $1200Income : $6900 Net : negative $1200I also already have a house that’s breaking even , but I’m living in one unit and if I move out that house would become positive $1500 which I can put toward the payment of one of the other houses .

Here are some factors to be considered.Interconnection - This is a very deep topic and biggest risk to the project.

View report*This link comes directly from our calculators, based on information input by the member who posted.Looking for a bit of assistance on this not sure if i calculated the holding cost correctly  and other factor.

Factor in those costs (usually 8-10% of rent) when you're running your numbers.You mentioned the challenge of acting quickly on properties while managing your dental practice.