@Leah Brooke @Bryan Robbins @Lizzie Carver Here's the map where you can look up the Home Possible income limits for the Denver area:https://sf.freddiemac.com/working-with-us/affordable-lending/home-possible-eligibility-mapAs Chris mentioned, FHA is also a great option, but I know when I ran the numbers from Home Possible vs.

So I have followed the forum for a while to learn how to pick a rental property and thought I have figured out how the number works since I am a CPA, until now it comes to the point to put the rental to the market...So i ran the number when picking the property, including the expected monthly repair & maintenance, and was confident the property can produce a 10% cash to cash return. and I was wrong...

Thanks for your insight mwarden ... the numbers I used were a little off and I ran the mortgage numbers and they were $100 higher a month ($900 w/ 30 year fixed at 6.6%).

Based largely on its affordability, cultural and leisure activities, education options and quality housing, Pittsburgh is the ninth smartest place to set down roots.

when I ran the numbers as a flip, I realized the margin might be a little too tight right now, but that's also pretty norm for SoCal.

I ran across this site when I was searching for "cash buyers" and wanted to reach out and connect with some people who have "been there & done that" successfully! 

I ran the water at all outlets and it flowed. 

Kristi, My father taught me to swim the old fashioned way, he just threw me into the American River one summer day, sink or swim, it is amazing how quickly you can learn to swim under those conditions.I used the same technique when I started my investing the same way, I figured I would find out what I needed to learn when I ran into a problem and believe me your a lot more motivated to find out the answer when your standing in quicksand.

Okay so here is my issue I ran into.

In this discussion, I am NOT discussing the income and expenses for the properties (whether it's a good idea to keep them or how I ran the numbers), but only the taxes.Do accountants regularly cover more than their own state's laws and regulations?