The calculation uses the following formula: Total Rent Potential x 75% ≥ PITI (plus HOA if any). 

A bit after the fact but maybe find some use of the info. 

14 Jan 2025Maggie Switek, Brock Smith, and Abigail HumphreysWith inflation easing and the US economy experiencing continued growth, the turbulence triggered by the COVID-19 pandemic is now largely behind us.

Did you follow or attempt to follow everything on your end such as inspections, etc and were stymied?

We also have a huge budget allowance from the city over the next few years to improve public transportation measures within the city.

Eminent domain does not work that easily or simply. 

I encourage your friend to forward the unredacted prom note to the SEC via this link https://www.sec.gov/tcr Click on Submit a Tip.

You have a number of issues in your post unfortunately.

The information contained in this post is not to be relied upon.

.: Thanks to OP for this post!