The calculator estimates that operating expenses are equal to 50% of the monthly income.  50% is a rough guide. 

The quoting process was incredibly easy but I needed to know the details of the actual carrier and the rating to get it approved by the loan company.

Thanks for the details!

I will definitely contact the zoning department again and get all the details. 

With software like propstream I can even look at seller mortgage details and MLS private remark.Getting license you only know the legality aspect of being an agent but doesn't necessarily means you would be a smarter one to get to know the market.The only thing that I can not do with propstream is I can not download all disclosures when I try to purchase.

Lastly is your listing details; they read with all the story telling and excitement of a furnace repair manual. 

These involve additional costs.I am not saying that there definitely is negative cash flow, but I will say not including known expenses is providing a misleading cash flow estimate.  

To clarify some details that I should have mentioned earlier:I am in no rush to leave my W-2 position, as it provides great security, a steady income, benefits, and a stable foundation.

Visit with people there and you'll get a more detailed look at things from people actively working in the areas.

Feel free to PM me if you’d like to discuss any in further detail.