Before you leap counting on a bank to refi, call an appraiser and ask about the general market activity for those types of properties!

Count me in the @Steve Vaughan and @Joe Splitrock camp.

Your monthly net should be higher, but you can probably count on really good appreciation in some markets as well.  

That's not the norm however so I wouldn't count on that rate long term.

I don't think it is wise to count on this to sustain yourself in the short-term. 

Then, the same room count is the same as the plans. 

Just ask them how rental income works from the property you are purchasing & if the rental income can be counted towards making your DTI work, if needed.If they say you need to travel in time to put it on two years of personal historic tax returns, you know they (or their firm, same thing) aren't REI friendly and can move on.If you end up with 3 out of 3 local lenders being REI friendly, you've got a problem that I suspect many BP members would be envious of. :)

That's important to know.What's also important to know is that you will not likely be able to count on the type contingencies that are afforded other buyers to perform extensive due diligence.

Count me in. 

This does not count as capital gains or dividend payouts like big investors get.