It's pretty rare I see any that is super easy and the cash just keeps rolling in. 

@Michael Palmer As a general rule of thumb bank originated construction debt will be WSJ Prime +1 point with a floor, 1 point origination and 75-80% LTC while meeting certain LTV thresholds (normally 70-75%).

Warning: Schedules C claiming expenses without any income are not against the rules, but they are IRS audit flags. 

I am the only real estate investor with my bookkeeper and at first she thought this was a little overboard but once she started setting rules in Quickbooks to simplify her work she quickly realized how simple this method makes things.

There are a few other options as well that can be taken to escape the FHA to Conv. 12 month rule.

A good rule of thumb is to keep 3-6 months of operating expenses in your rental account as a cushion.Once you’ve got that covered, you can start investing the excess.

Super easy to use.

Everything else will look easy now :-)

Also the 1% rule is about as good as the rule thumb and not based on current conditions or current data. 

General rule of thumb that I have noticed about Equity vs.