I am from here, and fairly knowledgeable, but my assumptions about the area my be wrong.

Definitely agree it's best to under-write with an amortization assumption instead of hoping for interest only, and in this case, sitting at 1.46 DSCR after value-add feels comfortable for potential rent hike or vacancy issues.(2/3) Great thoughts on the rent growth and expense inflation projections.

I'm sorry for some of my earlier assumptions and i agree that you should just think about this like a primary residence and from that perspective it's doing everything you need.

I agree with your assumption, Omar, that 'in all likelihood' it is not worth it on smaller properties, but one's accountant should be able to give their expert opinion if it makes sense for their specific situation. 

You can often view demographics such as level of education, income, etc relative to the market area, and this would allow you to make some base assumptions as to what kind of area you are looking at.

I get that equity needs to earn it's keep, but find 10% to be too aggressive an assumption. 

The assumption that the property management is good is a risky proposition. 

Am I correct on my assumption as there anything that can be done to shorten the timeline to purchase the next property without having to show the taxable earnings from the initial rental property first?

I feel this query is a bit vague; you have not specified details about the deal (2 or 100 doors), your roll in the deal (sponsor or investor), or the analysis of the deal (what assumptions were used). 

This is what I don't want - but I also don't want to be grossly overestimating either.What do you guys think about my numbers or my assumptions - am I way off??