And What other conditions/terms/costs do you calculate when underwriting the potential of a deal?

By providing an overall guide to the area, potential tenants will realize that there are many things to do and places to go, increasing the desirability of the property.This is a summary of the study.

If you buy a whole portfolio and your projections are off then you are potentially in trouble. 3.

Do you think it's better to start sooner with a cheaper property to get in, or potentially wait longer to save more? 

You may want to share you analysis with a few banks and/or property managers as they will typically weigh in on your assumptions if they are potentially interested in working with you. 

In efforts to get more experience with IOS, we are seeking a financial partner that potentially has experience with this asset class. 

If not for you and you prefer the traditional route, I would explore potential "up and coming" markets such as Acworth, Cartersville, and Douglasville, where the price-to-rent ratio is a little more favorable, and growth is apparent.

You can also potentially bill back tenants for usage too.   

So it's not really "extra coverage" for a landlord, but rather a setup that can potentially create problems and less coverage.

I'm new to real estate investing, but have thrown myself into learning as much as I can by joining a Veteran based investment community, have been working with my realtor and looking daily for potential multi family properties in the Dallas area for house hacking, which I've set myself an deadline to be completed by May.