Where these numbers are found, there is a very high rate of rent actually being paid.We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, and mortgage industry National footprints.

Add up all your bills monthly on your credit report- mortgage, taxes, insurance, auto loans, student loan balances X 1%, any other debts  and multiply that total X 12 = the amount of savings you need.IF you decide to get mortgages keep your income total to 36% of every single debt.

No auto book.It really doesn't take much time once you get rolling.

I say depreciation, travel, and auto expenses aren't passive and those should at least count for something.  

Calling a broker to get a ballpark like @Chris Seveney said  or getting an online quote will always be the most accurate but if you want quick numbers - Nerdwallet has a "by zipcode" feature: https://www.nerdwallet.com/article/insurance/estimate-home-i...If you are working with a loan officer their different systems often auto estimate taxes and insurance as well - so you could ask them. 

Early morning auto correct was at play here. 

I still don't understand how it's ok to consider credit in leasing an auto in Mpls but not ok if leasing a home..... 

They are not easy by all means but with only a few systems set in place (STR specific cleaner, auto messaging, keyless entry), they are not that much work to self manage.  

Be sure to train your staff to tell all callers that you CANNOT schedule a showing for them, showings can only be scheduled online.Secondly, be sure to setup the showing confirmations with auto-cancellation for non-confirmations.

The bookkeeping features allow me to easily do the accounting for my mid size portfolio and there's automations like auto transaction tagging that helps streamline bookkeeping.