Even better, I might be able to snag it well under market value since it's an estate sale that's been sitting on the market for nearly 200 days.Here’s the challenge: while I could afford to purchase the property under market value, I’d be stretching my budget thin to cover the mortgage during the period I’d be remodeling the basement to make it rentable.

We take the T12 roll it forward, we strip out anomalies and one-time expenses and then layer in base assumptions and any known large expenses that are planned for the next 12 months.

Is it ok if I msg you for details as well?

Well, this my opinion, if you like unpredictability, constant change and people/contractors with no regards to you or your property then "YES" flips and STRs are the way to go...LOL....I love it!!! 

Hello BP Team,I hope all is well!

He contacted an attorney, who finally got clarification from my attorney as well as the county recorder.  

I network with many investors in the scranton area as well as Vacation Rental investors in the poconos!

As well as UN-realized expenses.

Other factors as well of course: DTI, the LTV, primary residence vs investment property, etc.

We have our primary In a trust but thinking if it's a good idea to buy the rental in a trust as well.