That would include downpayment, reserves, and honestly that would be very light, maybe for a property 300k or under.

But for non owner occupants, not only do you pay 50% more than the owner occupants, you also pay the higher rate on these items that are not included.  

The $10k includes paying for mailers and the list. 

BTC should be thought of as a call option on the reasonable chance that over the longer term the endless Fed QE/not-QE will debase fiat money including the almighty US Dollar.  

Additionally, Memphis has a strong rental market with steady demand, which is crucial for single-family and small multi-family investments.The city is also known for its diverse economy, including key sectors like transportation, healthcare, and education, which support job growth and, consequently, rental demand.

You’re right that you can’t assume 100% occupancy, and you’ll also need to include costs for maintenance and capital expenses.

Including but not limited to: Rockwall, Princeton, Fate, Royse City, etc etc etc

However, ensure that your decision does not violate any anti-discrimination laws or local ordinances.Make sure that:The records are accurate and pertain to the applicant.You have established written criteria for tenant screening, which should include reasons for denial such as prior evictions, judgments, or debt-related issues.

If any portion of the building or structure is occupied by the taxpayer, the gross rental income from the property must includes the fair rental value of the unit occupied by the taxpayer.IRC 168(e) defines a dwelling unit as “a house or apartment used to provide living accommodations.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.