I would include servicing costs of the loan and licensing costs.

It does not include the rent income, just the appreciation, it is about 11%. 

If you’re not an agent, consider partnering with one who can run these searches for you.PropStream: This software is excellent for gathering detailed property data, including ownership information, tax records, and whether a property is listed as non-owner-occupied.

I will give you my numbers since we are 3 years into Velocity Banking.Home was purchased at $410k.Interest rate: 3.125%30 year termMortgage payment is around $1950 (includes insurance and property tax)HELOC: 8.25% Variable rate - current rateCredit Limit: $97kLet's say I made $10k a month and our expenses were $6k each month including the mortgage.

One of the most important steps you can take as either a startup landlord or seasoned one is to use a platform specific to property management as it will elevate your operation and save you tons of time.The good news is that nearly every software designed for landlords includes these features.

I think it's great as it includes warranty information for appliances, type of hvac filter, light bulbs and general maintenance etc 

Gotta have some skin in the game. 

I know that interest on the acquisition loan can be included in the cost basis since it’s inventory.

We typically pay somewhere in the range of $3500 for a new, basic furnance, including install, if there are no other modifications to the system required.  

How much land is included?