It sounds like you have fallen in love with the property and will rationalize thew numbers somehow. 8)

Bankers are rational.

Think about it before you do it, rational thinking goes a long way.And read a book or two, too.

Unfortunately there is a growing mentality in this country (I don't know about other places) that it is ok to stick it to landlords, employers, government, insurance companies, or even other individuals, and it is often rationalized as ok because "big corporations are paying" or "that is what insurance is for" or "I need to get something for my tax dollars" or simply "I need money and it is not my problem where it ends up coming from."

But, we're still talking about an energy out / energy in ration around 1.3.

Hence the debt service coverage ration (DSCR) will need to be around 1.2 to 1.5 depending on the property and the lender.If the property has had problems with vacancies the lender might just pass until the income stream is stable.

It's a real benefit since so many were not able to ration their beer stash 'til Sunday.Craft beer industry is booming here now.

I'd say a minimum of 2 to 1, assets to debt as the quick ration goes, cash or liquid assets or better.Contingent liabilities, look to maintenance and any management contract, can they terminate them and have funds for any buy out?

Or I just want to 'wear all the hats at once'....even though, rationally my brain tells me that would be silly, but in my heart, I think "maybe I could pull this look off".

So many of the areas I see in and around Toronto (and southern Ontario) are very expensive, and the rent-to-value rations are out of whack.