If piti is $1100 and rents range from $1000 to $1200, conservative underwriting would use the lower of the rent range, we have $1100 rent - $1000 PITI - $120 PM  - $50 (vacancy) - $300 maintenance/cap ex - $50 misc (tax man, asset protection, book keeping, utilities that are not tenant responsibility such as for a slab leak, etc) is about negative $420/month. 

While the ordinance went into effect on October 10th, the large response to the Call For Action yielded an initial ‘grace period’ of enforcement until November 9th.Below is the summary of the ordinance.

Please add supporting links, documents or links to sources etc to your response if possible.

The staff are super responsive and helpful. 

I would definitely recommend going slow, and making sure you have solid financials on each property compared to trying to get as many as possible in a short amount of time; no need to put yourself in financial stress.

Let me help you start or continue to build your port folio in a market that doesn't appear to be leaving or even slowing down any time soon.

I'm can record a Loom video response for you.Like any business model, you have to start with identifying the customer and where the demand is.

Hi, sorry for a very late response.

And it's not slowing down.

Thanks for the response.