In Cleveland, many landlords do not provide sufficient property upkeep so an investor has to be prepared when the "Must-Do" repairs arrive and tenants vacate. 

However, as long as maintenance is properly forecasted and allocated, the method used to arrive at the number is neither here nor there.Just out of curiosity, what percent of rent do you typically allocate for maintenance and what are the typical property value ranges?

I just used the calculator for the first time and was wondering if anyone had feedback on the following: Can anyone explain the formula used to arrive at each outcome?

Where, and how, did you arrive at your FMV?

When we arrived we peaked in the windows and you could see a bunch of ratty looking furniture (odd for staging I thought).

I don't understand your maintenance being $725 and Vacancy being $35.Can you expand on your thoughts here and how you're arriving at these numbers?

When the deal arrives, you will ONLY BUY DEALS THAT PENCIL OUT and the deal will pay for the HELOC, effectively negating the "second mortgage argument".  

HUD consultant doesn't arrive on the scene until you are under contract, and can refer you to a GC.

If you have "No visibile dirt on vechile they arrived in walk through" on every application (even for your own inner-office screening form never seen by a tenant), then you are fine.

All the paperwork and money was submitted by Friday, but with the 4th being a holiday, we closed on 9/5, the day I arrived.