This means that everything is covered unless it is specifically excluded. 

It also doesn't exclude outliers. 

Other onerous provisions are as follows: Increases notice requirements for rental housing providers to renew, nonrenew, terminate a tenancy or increase the rent.Allows judges to stay the execution of an eviction for up to 1 year.Specifies that housing providers may only seek rent in an eviction action, excluding fees, charges and penalties.Prohibits housing providers from recovering attorney’s fees in default judgments.Places limitations on the requirement that the tenant in an eviction action must pay rent into escrow.Strengthens the rights of a tenant in an eviction action to affirmative defenses and counterclaims.Prohibits owners from evaluating an applicant’s prior rental history in the resident screening process.Caps application fees to $20.Caps late fees to $50 or 5 percent, whichever is less.Limits security deposits to 1 month’s rent.NAA is working with the affiliate network to push back against similar policies being proposed around the country.

In the city I live in Canada, Waterloo, any capitalization rate 5-5.25%, excluding CapEx is considered a "deal".

2) What type of property—Excluding the five boroughs, I live within 2 hours of 5 Opportunity Zones.

Your lease agreement should specifically exclude the shed as part of rental.

Dwelling (Building coverage)The limit should be based on the Replacement Cost of the building (cost to rebuild withthe same kind and quality excluding the foundation)2.

If the square footage of your property excluded the bonus room, your property taxes might be slightly lower.

Occupancy) 151,021 Annual Gross Rental Yield 8.7% Net Operating Income   Mortgage Interest 58,706 Insurance 7,000 Property Taxes 26,970 HOA - Capex 6,960 Maintenance Costs 17,400 Property Mgmt Fees 10,080   NOI 23,904.3 NOI/Month 1,992.02 Net Rental Yield/Cap Rate 1.4% Cap Rate ( Excludes Interest) 4.7% PE Ratio 73.30 Cash on Cash 6.9% ThanksPrabhat

As I have been looking into buying my first investment property I have found many properties that satisfy the 50% rule where 50% of the total rent income is used to cover all costs excluding the mortgage and what's left is potentially positive cash flow.