Hey Rae, Not on here often but jumped on to see your post that I think i can bring value to from a Lenders perspective. 

We decided the cost was too high and it was not worth it from a financial or risk perspective.  

It’s exciting to hear your perspective and how you prioritize trust and professionalism in your lending practices!

The fee structure is so brutal on the client side it makes a lot of sense from the client perspective and you can take advantage of some free marketing. 

As mentioned elsewhere, breakeven on cash flow is not the same as break even for taxes.Let's make some assumptions:Rental income = $1000Mortgage payment = $400 - but $300 is interest and $100 is principalOther expenses (repairs, advertising, utilities, etc) = $600Depreciation = $250The above scenario creates a break even from a cash flow perspective, however the tax scenario looks like this:Rental income minus the mortgage interest (principal is not deductible) minus the other expenses minus depreciation looks like this:1000-300-600-250 = $150 LossIf your income is over $150,000, then you cannot deduct that loss, but you can roll it over to future years. 

Markets with sub 8% cap rates, generally the cash you need to raise is going to be true equity and since the cash flow would be too tight from a DSCR perspective, you have to put down way more than 20%. 

But from an investment diversity perspective, Its never a bad idea to diversify."

Hi Wilson Lau, Thanks for the information and your perspective.

A tax account ensures nothing is accidentally spent elsewhere, and a marketing account makes sure lead generation is always prioritized.From a credit perspective, connecting credit cards to these accounts on autopay helps you manage spending responsibly while playing the credit game.

What data has shaped your perspective?