Quote from @Sean O'Keefe:In your article you said, We had a recent court case which said in black and white: you cannot calculate an average if you do not have at least two numbers to average.Can you provide the court case reference? 

And I would argue purchasing is easier than managing.Luke 14:28-30 For which one of you, when he wants to build a tower, does not first sit down and calculate the cost to see if he has enough to complete it?

As others have said there is no way for you to access those funds for personal use without taking a distribution which will be a taxable event...3. 

Helping Thomas calculate what he can close is the question.

I am assuming that these expenses should be factored into your budget prior to calculating your cash flow.

Here's a bit more in detail about how rates are calculated for DSCR loans:1.

I would definitely pull up Excel and do some of your own calculations to figure out how things will look.

But since it was being used for investment when you sold it you also qualify for a 1031 exchange.If you find that you still have any taxable gain leftover after the primary exemption, then you can indefinitely defer that tax and not have to recapture any depreciation in a 1031 exchange.

Aside from the risk of taking on the property with tenants, you may also have to purchase site unseen which makes it tough to calculate repair costs. 

Based on the purchase price, closing cost, agent fees and certain other items you will calculate (capitalize) a total number.