Vice versa, if you are just starting out, you might want to be more conservative to tackle any unexpected expenses that arise.The 70% rule is an industry standard, but that doesn't mean you can't adjust it based on your desired ROI.

I owe $40K on the loan & it has a high adjustable rate of 10.5% & rising ( started out at 8%).What I'm wondering is if I should sell or keep the property.

Contact the hotel directly to inquire about adjusting the reservation to include an additional guest.

I've noticed in Rent to Retirement's Pro Formas that they have both a 30-year fixed option showing those numbers and an Adjustable Rate Mortgage (ARM) option.

*a near identical house (same blueprint) was built next door and has not sold for 8 months.

. $1.67m.You might say "that's bs, the offices are identical!"

I was thinking there was a reason as a landlord to do this and make it easier to adjust rates since you are probably going month to month. 

Lastly, not to be judgy, but if you have credit card debt that you can't pay off each month then you probably need to adjust your spending habits too.

The CPA will likely say, "it depends," but your wife could adjust your W2 tax withholdings so you get more of her paycheck every month.If you are really wanting to live for free with a low down payment, California probably isn't for you.

I believe AI may effect the economy, but people will adjust, so I don't think it will have a long term impact.