Just make sure the rental property’s cash flow comfortably covers the HELOC payments and other expenses.

. - WRT income, at a minimum it has to cover all of your costs plus some for unforeseeable expenses.  

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

If they notice you have another house and your debt to income can't cover it.

Snow plowing is an emergency service , we are on call 24/7 for the entire winter , the prices you pay cover the salt that we stock , the prep for each storm , the desalting of the trucks , the overtime .

We have been told that fha will not cover this since there’s are two residences on the property.

Then the rents would cover that payment plus the mortgage with cash left over.

I'm making a healthy downpayment cash by doing a cash out refinance on three of my established properties that I know can cover the debt service handily.

The lease I had before, I purchased from RentPrep, and I really like it because it covers so many things.

Most occupied property insurance policies will cover "vandalism and malicious mischief" but there are different forms of policies so you'll have to ask.