We also rented units in partnership with refugee resettlement programs to recent arrivals; those were a bit different because the rental agreements were in the name of the tenants, but backed up by the resettlement agency paying hefty security deposits.

The meeting starts at 6:00 PM.You can arrive at any time but from 6:00 - 6:45 PM they'll have a Q&A which is very helpful for newbies.

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.