I have a replacement property picked out already and an accepted offer on it.

There are some special assessments coming up, and I've heard that some of the neighbors have been dropped by their home insurance providers and are struggling to find affordable home insurance in SD. 

Based on your refi loan amount, estimated taxes, and insurance I'm showing a PITI payment of 845.83 per month.

You should offer them the option to leave. 

I would ask your PM company to continue with the eviction OR offer a cash for keys deal. 

If fixer upper then usually offer 70% of ARV less repairs.  

Hi Christopher,These calculations are pretty standard on 1-4 Unit properties..Income/(Mortgage+Taxes+Insurance+HOA) = DSCR RatioHowever on commercial properties some lender may take into account vacancy, upkeep and other costs.

I found 2 banks that would back me in the project both offering a construction loan with no payments during the rehab.

However, I get people asking for a monthly rental all the time, so we offer it with a 25% increase to the normal rent.

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