You also need to understand ARV Value kind of similar to helping a seller derive a price on their home when repairs are needed.

Look them up.Many of our clients use a non-recourse mortgage to leverage their IRA dollars and achieve a higher cash-on-cash return as a result.There is taxation known as UDFI that applies on the portion of the income derived from the borrowed funds.  

Rehab estimates are nothing more than opinions... typically based on the exit strategy that is deemed most profitable by the comps used to derive the value of the subject property.  

AND if you think some sort of change could be realistically implemented.HI Scott,I was a computer science major turned finance as I found my calling but still an engineer at heart.The problem is in school they only teach the fundamentals of finance and theory (time value of money, real rate of return, cap rates, arbitrage, velocity of return, options, stocks, derivatives, and etc).

Most do not even know what it costs to replace a hot water heater on a weekend.So your rule is a way too aggressive derivative of the 1% rule. 

of all people is going crazy over the fees charged for mutual funds and all of there derivatives https://www.tonyrobbins.com/wealth-lifestyle/how-m...http://www.forbes.com/2011/04/04/real-cost-mutual-...personally:I use one WL for a bank to buy real estate notes and pay off bills and shatter my OC home interest to turn a 30 mort into 5 years paid in fullI use the other WL & IUL for Max cash Value for income for life  so when I am 65 I should have over 1 million in cash value that if I wanted to could pull out all at once on my 65 birthday(or at anytime)  for free!

I believe all of this is paid separately from the usual CA personal income tax.I derived some of this information from https://www.ftb.ca.gov/file/wh....Also, for your previous question> Do you have any contacts for Lawers / Attorneys that can help me register foreign real estate LLC in CA ?

In short, I understand that you are looking for an answer that is derived from underlying demographic information but I am telling you that looking at it that way is incorrect. 

.:...The vast majority of mistakes generally derive from new landlords not bothering to learn their state landlord tenant regulations before purchasing their property and not rigidly enforcing the regulations and their lease when a issue arises.Too many landlords expect problems to correct themselves and waste far too much crucial time waiting for the miracle that will never come.I just tweeted this!