After all PITI, utility, and services (lawncare and cleaning) costs I have $7,225.I set aside 25% of this for my maintenance fund.The remainder funds my lifestyle, wife has a Tesla, and quarterly vacations as well as business growth.In 2023 I am tracking to build 4 duplex units designed as room rentals funded in part from a recent land sale.

A higher ratio (typically above 1.0) indicates that the property generates sufficient income to cover the debt, making it a lower-risk investment for lenders.3.

I would especially if they are paying for their own utilities. 

Typically lenders for non recourse require the borrower to have a net worth that is equal or greater to the outstanding loan blance, have at least 1 year reserves for debt service and experience and or a track record.

When your tax professional prepares your 990t they will utilize the Cost Seg to minimize the UDFI tax. 

What is the seller typically expecting to sell these for, considering that the UPB and legal balance are lower than the property value?

I am putting it up on Facebook, Craigslist, etc. but is there anything else a newbie can utilize that you have found success with?

For a single-family, you'll typically need 15% down, while for a multi-family, you'll be looking at 25-30% down.

Typically, you'll want to get out before you hit major repairs or uncomfortable cash flow.

Maybe they work for the fiber company and they want to put some kind of utility hub there.