The one percent and 2 percent rule ive never looked at ... cap rate is .. meh .. its there - what im most concerned with is the price of the home relative to comparables and cash on cash to start.   9)  I look  the other way if it is a multi unit that is not separately metered - thats always one of my criteria here in pgh as there are a lot of older homes and a good portion you wind up worrying about who will cover utilities.  

There was lots of discussion in the department about whether the matter was in fact covered but my opinion ultimately prevailed. 

At purchase the rents covered ~60% of piti.  

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Quote from @Marise Sfeir: Hi i am interested in Dubai Market for investing and Airbnb, does Bigger pocket cover Dubai Market will i benefit from your tools and offerings or not?

You'll use that money as a downpayment on an investment and borrow more money from the bank to cover the rest of the purchase price.

. - In our Georgia home, when it was new the warranty would have covered settling up to 1/4 inch.

Cover the boat and/or put a "NOT FOR SALE" sign on it and go about your day. 

They've also enacted a bed tax specifically targeting short term rentals.

The agent's compensation is negotiable and 6% may be more common if that includes the buyer's and seller's agent, but if the 6% only covers the selling agent, then that's a greed reach especially considering it's a 2m+ sale price.