Make sure it is in the correct location, and other details are correct (price, bed/bath count, etc).

All of this is tax deferred so the income is not counted against us.

Would be interesting to know if they count towards the rooms total square footage. 

You are definitely on the right track when it comes to counting the cost and calculating as much as you can and utilizing the BP calculators and tools.  

If you don't mind, i'd like to pick your brain a little to get an idea on some more detailed info... car counts, avg per car, and maybe a little insight on how your SBA loan went. 

water and food shortages, public transport etc etc etc....have some compassion and make some temporary concessions on being a strong businessman and landlord.I would basically give them a one time "get out of jail free" card for late payment.... make it perfectly 1000% clear that this is a one time deal due to extreme circumstances...don't try and push it or there will be an eviction started.If they have been a good tenant and have had the respect to give you the "heads up" that they were going to have an issue paying on time, that counts for something with me....I know this is business and when you give an inch, tenants will often continue to push the envelope and take a mile...if they see you are "soft" they will exploit it.....but this is an extraordinary situation that just doesn't fit the rules.......

I'm avoiding those parking problem MF properties on my search.I'd love to see any MF in Cleveland or Akron with double digits NOI....really.Unless you don't count management and maintenance.

Ask the lender if you buy a rental property that already has tenants with leases, if they will count 75% of the rent money as income for you.

If they have signed leases in place, most lenders will count 75% of their rent as income for you.

Does he just count the value of the property he sold, or does he count the entire value of the note over the full term.