THE NUMBERS: With a purchase price of $7M, my Investors and I put down $2.7M as the down payment on the property.

Box solely for the purpose of collecting rent but I do suggest having one and if nothing else works use it for rent collections but I would Electronic payments or bank deposits before doing mail.

It is crucial that you select a company that provides a “quality” cost segregation study as determined by the IRS.

The down payment wouldn't be minimal if your finances were tight.

No problem with down payment but will need conventional load which is not a problem as I have been pre approved many times just did not find right property.

.I took the average $4,000,000 house in Pacific Palisades CA and it shows a monthly tax payment of $4,167 for a total of $50,004 a year.

If you use different sources it will be difficult to calibrate the different scores, but think of it as a percentage of the max available score.This particular score seems to be based on an applicant's credit history, including payment history, credit utilization, and credit availability. 

What was nominally a 52k down payment turned into close to 100k--12k in closing costs, 12k in extra payments, and about 25k in labor to help me get it ready when I realized I couldn't get it all done by myself working evenings in a reasonable amount of time (plus I knew I couldn't do the egress windows myself). 

There are tons of loans out there that use just the projected or actual income from a property vs the payment of the property (DSCR loans). 

We have $400K into the property between Down Payment and Renovation.