Having said that there is no unreasonable number, you never know unless you ask the question.

That said, realistically, I don't think you can go below the 6% - 6.5% range.One question I would ask is if that 3% can be better spent somewhere else to de-risk your deal.

Feel free to reach out if you ever have any questions!

The IRS is taking a more conservative approach and you want to ensure you have all your ducks in a row + a team behind you to back you up if something comes into question.

Regarding the HELOC question, consider the interest rate on the debt.

---Investors always compare/hire people of Craigslist that are uninsured, questionable skills, are unreliable and offer no warranties.

There's a good chance the issue(s) you face has already been discussed and answered.Ask questions in the appropriate forum.

Best to evaluate this question on paper with an experienced broker.

I don't remember the precise words, but essentially he claimed that there was some sort of standard rental agreement applicable to the area and he could not (perhaps in reality would not) add anything to it at all, which struck me as oddly questionable.

Hi Mary, happy to connect and answer any questions you have about Columbus Ohio!