also wondering if you are pleased with your Return Percentage when not including the Principal Pay-down on your mortgage and the estimated Tax Benefits  - Thank you!

Do you use the extra cashflow ($2000) to payback the principal balance, or to maximize the benefit of leverage you only pay back interest only for the first 10 years?

Would your purchase price cover all principal, arrears and legal fees or was it a short sale?

The landlord, or any person authorized to enter into a rental agreement on his or her behalf, shall disclose to the tenant in writing at or before the commencement of the tenancy: (a) The name and address of: (1) The persons authorized to manage the premises; (2) A person within this State authorized to act for and on behalf of the landlord for the purpose of service of process and receiving notices and demands; and (3) The principal or corporate owner.

My bank has said that I can use that appreciation increase as my down payment to give them a LTV of 80% or under.So he's making $2,000/month and increasing, plus paying principal off (would be about $200,000 of principal pay off over 4-5 years), keeping the depreciation and other tax benefits and having downside protection if I were to screw up and not be able to get the job done. 

If you use the personal car, make sure to keep detail record so that CPA can prorate the expenses between personal and business.19) Any equipment you rent for the rental business.20) Mortgage interest and property taxes21)There are many others and depends on specific situations.22) home office: Also, If your home qualify for a principal place of business for RE activity, any mileage to any rental property is deductible.If you are expanding, talk to professional.

Look at how much more you would pay on principal & interest by refinancing and you will think more about selling or doing a HELOC to keep your loan with low principal and interest.

It appears that short-term corporate rentals (i.e. at least 30 days, but no more than 3-4 months) tend to have higher returns (principally in terms of monthly cash flow) when compared to traditional long-term residential rentals.

Only exception is your principal balance on ROTH IRAs which you can take out at any time for no penalty.  

This includes principal & interest payments on the loan only, does not include taxes, insurance, management, vacancy and mantinence.