It depends on non-SEC 8 market rents for similar properties, the utility estimate for your property, and the tenant's income.

Today we are economically diverse and showing job growth in several sectors.Having said that, I am not an economist (or a fortune teller) so these are just my thoughts after having gone through the Great Recession and knowing how housing-dependent we were then.Melanie

Time of year I can't get anything rented if my life depended on it right now and I have lots of vacants.

Our Teak is for the overseas market so not dependent on the Belizean economy. 

Depends on the lender.If it has yet to go to foreclosure and you are trying to buy it prior or at sale - the answer is a hard no. 

A phase 2 may be required depending on the outcome of the phase 1.  

It will all depend what you feel comfortable in terms of budgeting and the type of repairs needed.

If the title company requires that you become the Manager of the spoke LLC, you would have to amend the Operating Agreement, and, possibly, you will have to amend the Manager of the LLC with the Secretary of State (depending on the State).

All depends on the interest rate on the primary home and if fixed.

For instance, depending on your location insurance costs could be much much higher than indicated in the book, construction costs are a lot higher, etc.