The more liberal calculation method you use (like the one quoted below), the more risk you are taking on.Originally posted by "molder101":The best way to run the numbers are below (with an example):NOI = gross rents - expenses$10,280 = 16,800 (2 unit duplex @ $700/mth/unit) - 840 (5% vacancy) - 1680 (10% for small repairs/misc advertising/etc) - 1000 (insurance) - 3000 (taxes)Using this calculation method is riskier than using the 50% calculation method.

I use it liberally.

Many ask for proof of funds (like a screenshot you described), because many lenders are liberal with their pre-approvals.

The "liberal arts" approach would be to tell you that sophisticated investing precludes buying either equity or cash flow - we create both, not buy them.A more mathematical answer would be to tell you that the 2 most applicable measurements of ROI are the cash on cash return (CCR) and the internal rate of return (IRR).  

As a general overview, Florida treats the powers of creditors liberally through the Olmstead doctrine, which held that a judgment creditor is entitled to all the rights of the LLC owner which he/she may freely assign.

For instance, if $30k/yr at a liberal arts school to become a librarian, one might not view that as good debt, whereas $1k/yr doing the same thing with a $29k scholorship might be different.

That is asking for trouble big time, especially in a liberal tenant friendly state like MD.I would think the appropriate route is to buy some oil, bill it to the tenant, and evict if the tenant doesn't reimburse you for the oil.

My husband and I are DINKS, so we tend to play it a hold lot more liberally than many people on here because we have high disposal income with smaller expense margins.That being said we don't refinance.

Be liberal.

Welcome to the group.Sometimes starting over can be liberating.