I’m not trying to second guess you, just trying not to make you feel like a peasant while I do important stuff. 

Include in your model rates going up by 2%, and just make sure you enough cash to cover. 

Stick to areas you know well; this familiarity can greatly reduce risk and boost your confidence when making purchasing decisions. 2.

CA was just approved too.Lots of regulatory hurdles to get passed, but man...It makes sooo much sense to me.

We look at lenders (so long as they lend in the asset class you are considering) as an additional line of due diligence (they deeply care about their money and they are likely more sophisticated than you are).

Bigger pockets calculators or make your own in excel/ google sheets

Looking for a turn around scanrio is an ego pleaser, makes for a great story if it works, but high risk it will never pan out the way you thought.

You will need money to put down on the property.  

Four thoughts:- Make the applicant tell you if they have a service or emotional support animal in their application.

But, these broad market studies are so large, they are almost meaningless, in the real world.Between glut of new supply in many "hot" markets coming online, a continually softening economic outlook, inflation over last couple years making day to day items feel cost prohibitive, many average renters are strapped and seeking lower cost housing.