The property currently produces six figures annually in gross annual income and is located just outside of Mt.

They can rent one if they want. 4 bed 4.5 bath 160k gross income 2021.

We lived in it for a year, remodeled both units and put in place a long-term tenant on one unit and a mid-term tenant on the other.Here's a little more details about this deal:*   Purchase price: $163k*   Financed price: $132k @ 7.625% APR*   After repair (estimated value): $225k*   Gross rents: $2150 ($750 one year lease & $1400 six month lease)*  Annual taxes and insurance: $7000*  Approx credit score: 650 (I used interest free credit card to pay for remodeling this property and maxing it out caused my score drop almost 50 pts!) 

Why would you pay 10% gross to a management company, that is $260/mo, use zillow, they have the tenant screening and 80% of the leads come from zillow any ways.3.

Yes, you might make more gross income....but when you factor in the added wear and tear, repairs/maintenace, and increased cleaning fees....are you really netting more money? 

.- Management Fees: 2% of gross rental income annually.- Acquisition Fee: 2% of the purchase price.- Disposition Fee: 1% of the sale price.Option 2: Debt Financing with Equity Upside- Target Properties: Single-family homes, multifamily properties, and land for development in prime locations.- Interest Rate: 6% interest only for a term of 5 to 10 years- Prepayment Penalty: 2% if the loan is paid within the first 3 years- Equity Upside: Investor receives 30% equity of the appreciationWhich option do you think is more attractive and why?

Actually, all of NYS (including NYC) has a maximum late fee of $50, or 5% of gross rent - whichever is LOWER.  

I'm not familiar with the USVI and Puerto Rico markets but, based on the figures given by Rachelle Bisaillon, you can get a much higher gross return in many places in Mexico with the same figures.

You should calculate the annual maintenance for an occupied property to be 10% of the Gross income. 

We expect it to gross $4,000 - $5,000/mo which would cover my entire PITI.What's stopping you from adding that ADU?