So vacancies have significant impact on cash flow.Choice 2 is you gradually raise the rents:  If you do this such that it results in 0 turn over it could take years to get to market rent. 

In other words, I was forced to pick just two.

I'm currently transitioning back into the civilian world from the Air Force.

While it is true that courts generally don't have issues with enforcing such clauses, there are various exceptions to it (e.g. when parties act in bad faith, crazy force majeure situations, etc.).  

You can definitely do better than 1% if you add value to a distressed property and force some appreciation and drive up the rental income with the BRRRR method.

After all, no one forced any investor to invest in any specific place. 

I was wondering if you actually needed to be offIlated with the armed forces past or present in order to do biz with Navy Federal?

I am at metro DC zillow will not come here, at least for now.eventually most market will be impacted except high end luxury homes.

But I think the fact that it may be more difficult to find a contractor or builder to have time for you may impact a premium you will pay for their service in a hot market..Land and home values go hand in hand.

You could just deduct the payment from the cash flow (assuming it's both principal and interest) after you run the report, while reflecting a 25% down payment within the calculator.Also, while this will impact your cash on cash return, your cap rate will be unaffected as cap rate disregards financing.