Do you save three months of vacancy for each unit and $50,000 for the roof replacement?

On the other hand how fun is it to talk about that latest rehab where you fell from a roof and stand to tell the story? 

Another benefit to using a DSCR loan to your entity is that there is no limit to how many mortgages your entity can rack up, as opposed to an individual (10 mortgages) or a married couple (20 mortgages).

If any of the "Big Five" systems (HVAC, plumbing, roof, electrical, water heater) haven't been updated recently, they still should be budgeted, even if you expense them later.Also, if you're primarily buying for cash flow, then this seems like a whole lot of work for just 7.75% CoCR!

You can then be pleasantly surprised if you find a solid subfloor, watertight roof, or salvageable drywall.

New roof, exterior doors, flooring, paint...

By this, I mean multiple generations under one roof.

And their roof loss settlement is "variable by roof age", not actual replacement cost, nor depreciation adjusted (most insurances will hold the depreciation portion of a claim till the repair is done and only then release the funds).Make sure you compare apples to apples when shopping around, pay attention to what they give you for "free", what deductibles apply and when exactly you can get coverage from the insurance and to what limits.

A full rehab on an 1,800 sqft house will never be so low if it needs all three mechanicals, the roof, full interior, plus foundation repair.

Between interest rates being day high, construction costs being through the roof and propert taxes and interest rates climbing by the minute, how is this profitable?