Not sure if this will go against the culture here but if I read correctly and you are considering tying up your primary residence to an investment property please reconsider leveraging the home your family lives in. 

I ran your numbers through my own development proforma analyzer and it looks really good as a DSCR loan. 

The problem I ran into was that most buyers that wanted to do it, couldn't bridge the equity gap and the sellers needed the equity to go buy the next one.   

Quote from @William Taylor: Quote from @Addy Chupa: Hi William,I ran some numbers using our tool, and I’ve included my thoughts below, along with two scenarios: one based on your exact assumptions and another with adjusted figures that I believe could make the deal work better.Observations on Your Numbers Utilities: Based on your calculations, it seems you’ve assumed the tenants will cover all utilities.

I ran into the same issue.

It’s personal to the employees, who are directly impacted by the work culture of the business and rely on it as a source of income.

I felt like checking a little bit more so I ran a proper background check on her and was shocked to find that she has multiple felonies including jail time.

With technology and the right culture property management companies can be successful with a mix of local and remote team members. 

Hi Apryl,I ran into this as well.

I ran every scenario of tackling this purchase myself.