Maintenance/cap ex, insurance, if a rental PM, bookkeeping, misc.The fact you have a loan means 1) leverage 2) equity pay down.In addition, there are tax benefits.So I will do some rough underwriting as an OO non-rental at 95% LTV (because FHA has some undesired consequences that make the 1.5% difference in LTV worth avoiding the FHA).equity paydown: 20% (using OP interest rate at 95% LTV and not counting closing costs). 

Now you can let it go to sale and hope it bids higher than the first you would get any overage but dont count on it.. more than likely you would love your entire investment.. this is a very frequent event..

The first month went well, and being a little OCD, I counted the coins in each box. 

Business lines of credit don't count as funds to close, so you'll need to show and source sufficient funds before they give the go-ahead.

Multiple ADUs on any is not allowed, but I have only heard of it being an issue in SF zoned areas or if unit count hits 5.If you want to be sure of getting non-commercial F/F follow the rules. 

I'd recommend starting with the lower hanging fruit than a large basement reno - if your comps are close but don't quite get you to your number.Finishing the basement (with proper egress) could push you over the top, but confirm with an appraiser first to ensure it counts.

@Cole HarrisKeep in mind that square footage has a lot to do with pricing as much as bedroom count and/or revenue. 

Keep in mind, it would be in your best interest to go for as high as 4 units on each purchase to maximize your door count. 

Can you count that $4,600 as “rental income” or does it have to go under some kind of self employment?

Recent sale of the assessed property is de facto value.Expert is needed for anything else.They can raise the value if you appeal.Comparable sales only count if they were closed before the lien date which is one year prior to the tax bill date.