I’m a new investor based in Kingston, NY, with a focus on the Hudson Valley and Catskills regions.

View report*This link comes directly from our calculators, based on information input by the member who posted.

If it is a contractor that is more organized they will likely do this already, if they are shooting from the hip "based on experience" they will likely just give you a total $ value. 

Based on my calculations, even with a low down payment, I can achieve positive cash flow (with aggressive enough house hacking).

I recommend finding a US-based bookkeeper who specializes in real estate and doesn't have too much on their plate.

That affects your loan amount and then principal & interest payment.2) Estimate rents based on recent rental comps3) Account for all operating expenses such as property taxes, insurance, repairs & maintenance (landscaping, snow removal, cleaning etc), property management (if applicable), vacancy, utilities (what does the tenant pay vs what you would pay?)

Unlike Robert K and many on this site, I judge a property based on total return.  

Your argument is based on outdated assumptions and ignores the reality of today’s labor market.

Hi, Based on my knowledge I don't think a three bedroom two beds will go for 2 K A month But I'm not sure, maybe it depends which zip, And the condition of the property as well.

Don't change jobs or income yet.Once you do and you think you can manage the payments based on your new income, maybe once you get the rooms rented.Then if you want to switch there are plenty of opportunities.