Similar with Florida HOA cost increases due to Mandated structure inspections and subsequent repairs.  

And no matter what, straight percentages of the income don't work...unless of course you slide the percentage around for the above-named variables, but at the end of the day your resulting answer will break down to $/unit so you might as well just start there and dump the percentages.

I did most of the work other than appliances ect it’s very small 400 square feet total so it’s like a little studio with big glass sliding doors to a patio.Turns out someone called zoning and long story short I was told I can’t do an ADU.

My experience was getting my personal credit utilization high as I bought product for my business, and subsequently my FICO went low; therefore financing was increasingly difficult. 

Watch out for those pesky annual inspections, though- they'll get you just because they feel like it, after letting the last owner slide for some twenty years.Syracuse is a sort of happy medium between the two. 

Probably not the best for tenants.I got a great fan in my home where the switch is a slide bar for the light and the fan.

Yes I mean that in the past we occasionally took 2% *didn't like it but let it slide and now that the buyer broker sets minimum percent we are now at 2.5% firm minimum which is an interesting turn of events. 

Any subsequent property can also be a vacation home if it is 65 miles away.

Hey BP Community,I would love some help getting my hands on some pitch decks, slides, or presentations for raising capital from potential investors.

Would you recommend taking a HELOC instead for my subsequent investment?