**PITI is $522 a month (2%interest rate)** Actually cosmetically ready for renters and appears fixed up.On the inspection report the plumbing failed and it mentioned shifting soil in the foundation report. 

When the “guru” spends his time giving seminars to hook the “fish”, and has failed salespeople provide the day to day “mentoring”.4.

The more technology is involved, the more problems you'll have with tenants that can't follow instructions or tech that fails.

I know it's next door, but you have probably spent way too much time on this already which you will never get back when it fails.

They have huge turnover, replace experts with total know-nothings, lie/ tap dance/ delay delay delay and constantly fail to perform.

I would ask the lender you applied with to disclose how they calculated your DTI... sometimes they fail to add back in depreciation or deduct costs from your schedule E like tenant turnover, improvements, etc. that shouldn't be included in the DTI calculation. 

Robert,Its a good rule in theory but its not a fail safe. 

If the tenant fails to do the work, or does it improperly, you have already paid them with the rent reduction.

I am lucky that my wife knows people that have successfully started and some that have failed doing this.

Tell them that if they fail to meet the deadline, you will hire someone to clean up after them and they will be charged.5.