I used the 75% rule on the income and added it and my DTI without the rental goes from 24% to 38%.Or does it just allow me to just take the net profit of that rental and add it to my rental? 

The real estate market has shifted dramatically in recent years rising interest rates, evolving buyer and seller expectations, and fluctuating property values are keeping all of us on our toes. For fix-and-flip pros, ...

If you don’t owe then, everything is profit without paying overhead depending on the structure of your lease.

Some of these strategies (though not all, and possibly not the most profitable) are the subject of constant discussion on BP. 

A professional property manager should handle the heavy lifting, ensuring your investment is protected and profitable without adding stress to your plate.

Lots of areas that pencil very well on paper but the quality of renter you will get is going to eat into any profit you may think you are getting.

If your investment is still profitable with the increase, then press ahead.

It keeps everyone on the same page.3) The downside of using a PM who has their own maintenance company is that you might end up with larger bills as it is a profit center for them.

Don't split the work between multiple contractors if possible, finding one to do all or most of the work will keep prices down.Challenges were finding replacement pieces for certain items as manufactured homes were very different than stick built as well as going through state guidelines for affixing the house to the land Hey @David Jesperson, welcome to the BP Forum and congrats on completing your first solo deal AND making a nice profit!

Doing this will indefinitely defer paying tax on profit or depreciation recapture.