I am using the BP rental property calculator to arrive at a purchase price that would work for me and my goals.

@Aaron McGinnis I am used to perform then get paid.

Even if they did, like the previous poster said the interest rate would be in the 6-10% rangeNote that the seasoning period is usually 2 years in commercial, so if you did a rehab you would be able to refi at 80% of your cost (purchase plus rehab) and not on the new appraisalAs far as your numbers, I have a property just like this so I am using those numbersvacancy is goodwater is low with that size unit.  

I have a property that cashflows looking to purchase it by June 1st I need some creative financing the seller wants 130k cash to close rental income 3100/month any recommendations about finding a way to buy it I have hard money lender locked down ( I am using them for a flip )but I am looking for another way Thank you

Having said that, I have a self-directed IRA and am using it to invest in performing promissory note (Some education on performing notes).  

I do that about half the time but one LLC has a name that just amused me, another is named after an internet protocol. 

Currently I am using more leverage then I will be in 5-10 years but as I get out of the cashflow creation mode in to a preservation mode I think I will use less debt.  

Looks like it may not give me the kind of return that I am used to. 

Right now I am using 8% for Repairs and 8% for Cap Ex.  

I personally don't like QB, but it seems that a lot of people do, that's why I am using them but I am using a VA to interpret all the receipts so I'll simply dump them in an inbox and be done with it.