Green light?

Quote from @Jaycee Greene: A few things I noticed, in addition to having the tenant pay the utilities are:1) Incorporate annual increases in rent higher than 2% (in your area, maybe 4%-5%) with a slightly smaller increase in operating expenses (say 2%-3%)2) With a gut rehab, I'm not sure why you need to spend $128/month on cap ex, at least for the first year or 2.3a) An 80% cash out refi is probably going to be hard to get.

Quote from @Jaycee Greene: I completely understand and I'm sure my fingers are a lot fatter than mine ;-) If you only borrowed $155k, I assume you did a conventional bank or credit union DSCR loan, is that right? 

Quote from @Yamil Naf: Quote from @Andrew Steffens: Echoing @Jonathan Greene above but if I was interested in doing this project why would I not just do it myself and keep all of the equity and cashflow?

(I'm currently reading David Green's Long-Distance Real Estate Investing book.)  

Quote from @Thomas Jay Bledsoe: Quote from @Jaycee Greene: Hey @Thomas Jay Bledsoe!

@Jaycee Greene thanks!

Hey @Jaycee Greene I am targeting SFH 3/Bed 1/Bath under 1500sf properties under $110k.

Quote from @Skip A Schenker: Hi @Jaycee Greene Primarily about the cash flow. 

The expansive backyard includes a sparkling pool and large green area, ideal for gatherings.