BP offers a calculator that you can use, or just use a basic excel spreadsheet, or even pen and paper is fine.Decide what you want to invest in....Flips, rentals, development, STRs etc...In terms of finding deals...you will have to put in some work.

They way full doc programs work is they use this worksheet: https://content.enactmi.com/documents/calculators/Form1038.C...This approach will allow you to add back the paper loss of depreciation, and add back mortgage interest, property taxes, insurance and any HOA dues. 

Both of these cost you (from rent) utilities, amenities supplies like paper towels, and furniture deterioration.

Fail on paper first.  

Send a paper copy of the return, not efile. 

Yes, on paper you can do it, and seasoned investors with very close ties to the area are also successful. 

Maybe it's so high because the DSCR is negative on paper?

With proximity to the explosive growth happening in Sherman, TX, on paper, huge potential.

Keep a Paper TrailAlways document everything-from payments to maintenance requests.

It was just a signed paper about the holding deposit, that if the tenant doesn't move in by the date it's forfeited and if for any reason the landlord decides not to rent then the landlord has to give back the holding deposit.