Previously, we were able to obtain a 10 cap without undue risk (about 5 years ago); the. 3 or 4 years ago we were able to purchase at 7-8 cap and “juice” returns by borrowing 50% at 4% fixed 20 year financing.  

@Jonathan Greenefair, but isn't it tough to find the right one when you're a brand new investor - brand new to RE and maybe also investing in general? 

Lenders will use your tax returns schedule E to calculate your monthly rental income.

You aren't trying (at this point) to create some nationwide brand, so being found on google, and when found knowing instantly exactly what you do, is top priority. 

I ran a quick Realtor.com search and found this recent multifamily sale in Ontario - https://www.realtor.com/realestateandhomes-detail/319-E-Park...If most properties are trading along this price range, you may want to run projections for future appreciation using conservative number.

to determine NOI on a brand-new rehabbed single-family property that should not have any operating expenses. 

Can I deduct expenses (utilities, mortgage interest, taxes, etc.) on a Schedule E for my 2023 taxes?

I have started a real estate brand, and need a job that pays the bills but leaves enough time in the day to work on the business.

@Justin SheleyIn reference to your 'working on my business instead of in my business' statement I would recommend the following book: The E-Myth by Michael E.

I just built a new three-bedroom two, two-bath Module home on a lake in Mount Pocono, Pennsylvania, in October 2023. The area has a lot of attractions and good schools. I’ve had the property listed for three months wi...