In fact, even if they don't reduce the income and give you the whole $1K, it still results in a 70% DTI which still moves you in the wrong direction.So, if your qualifications are tight, but your properties cash flow, find a bank that washes PITI with a portion of rental income before applying it to DTI.Happy Investing,Troy

They have nuclear weapons they win the argument.The 45 day deadline is for real. 

Two things: (1) you can't be tight, you need to make aggressive offers.

Re laundry money, i never include this in my calculation - i simply look at it as bonus income. your vacancy at 3% sounds low, again not knowing the location its hard to sell. 5% would be my lower estimate in high demand location and proven 100% occupancy in the last 2-3 years.Repairs and maintenance, unless the property was recently renovated top to bottom or you would renew the large items like roofs, HVAC, water heaters etc 5% and 4$ is tight. 

Hi Mark,Deals are just tight and hard to come by right now. 

That said there are laws to keep everyone in line, your state might be harsh on this stuff.If you got the tenant call within the last 24 hours and you have the fix scheduled to be in the next 2 business days, I "personally" think that's reasonable, but the law is what matters. if you're within your lease and within the law, I would tell them to hold tight.

. $300 ARV is tight.

Going to purchase more and now stuck fixing up the older ones because really didnt do them right and tight in the beginning so half way through his business ive decided to start doing everything really nice and right and tight.

And if you did, what happened may be retaliation.On them legally notifying you, if you received it on the 31st day, by certified mail, they may have barely met the deadline, or maybe not.

If your time schedule is not tight, let them know.