I've been running the numbers on different properties using a variety of online calculators for properties that I initially thought looked like there may be potential.

I tried using the biggerpockets rental calculator this morning and the cashflow was negative, but I may have been too conservative with the numbers.

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

I'm happy to chat about the calculator I use when evaluating properties along with my set inputs.

For FHA, I would ask your lender to confirm that they considered the 100 mile rule in calculating DTI.

That's because the city won't calculate the actual amount till a structure is built, aka it's not just a plot of land anymore.This will obvious cause your property tax bill to go up and also your mortgage escrow account as well (sometimes these things can make your mortgage shoot up a few hundred a month). 

Use the BP Calculator to get a better idea on your costs.

If you can show that someone else has paid the loan on-time for 12 consecutive months you can exclude that debt from the debt to income calculation.

How do you calculate rehab cost given you can’t look inside?