You'll have to test it and see.

Or stick with the tried and tested LTRs?

@Russell Brazil any champagne bottles in your office today or are you busy raising prices on all your listings?

I don't know of too many commercial lenders that will accept a 28% operating budget for all expenses, they will probably run their debt-coverage test at their pro forma operating expense numbers instead.

Hi folks & friends,How do you handle asbestos testing, if required?

All real estate investors would be required to know and be tested on the state regulations.Getting off my soap box.

You have an exemption from the 60 hour class so all you need to do is sign up for the test and pass.

I do feel that stress testing a balance sheet is the only way to really look at systemic and catastrophic risk, especially in situations where effects of risk to repay is not independent. 

just keep testing and talking to people in the industry

HI GUYS I HAVE GREAT NEWS  I JUST PASSED MY REAL ESTATE TEST IN NEW YORK.