Citizen or Permanent Resident Alien with valid Green Card (minimum 6 months to card expiration date) • Maximum lot size 5 acres, exceptions considered to 10 acres with true comparables and strong mitigating factors (credit, income, assets)• No mortgage delinquency (0x30) in past 24 months, no excessive mortgage delinquencies in the past 60 months• No previous foreclosures/deed-in-lieu, short sales, loan modifications *No Exceptions*• No judgments, repossessions, charge-offs, in past 60 months• Bankruptcy - discharged minimum of 2 years and credit re-established • Student Loans- 1% outstanding balance or lower payment on credit report if proven to fully amortize the loan• 30 day charge accounts- 5% of outstanding balance.

To be more specific, We keep X amount in a checking account every month and any excess goes into a Tax Differed Account (with Fidelity).

You can determine that with a demand survey, rent survey, and in general if expenses are in excess of 50%. 

You can make in excess of 20% on your money after accounting for your time if you are active, but who wants a job?  

However, be aware that UDFI and UBI is taxed using the estate/trust tax rates, very nasty, they get to 39.6% pretty quickly (see below): If Taxable Income Is: The Tax Is: Not over $2,500 15% of the taxable income Over $2,500 but not over $5,800 $375 plus 25% of the excess over $2,500 Over $5,800 but not over $8,900 $1,200 plus 28% of the excess over $5,800 Over $8,900 but not over $12,150 $2,068 plus 33% of the excess over $8,900 Over $12,150 $3,140.50 plus 39.6% of the excess over $12,150 UDFI is when you borrow in a SDIRA, UBIT is when you engage in an active business in your SDIRA or SD401K (such as flipping, wholesaling, and building/development).

I am told "the courts find that excessive".  

Some banks are telling us they require all other rental properties to be insured, which seems a bit excessive if we're only doing a refi on a single property with plenty of equity.  

You would need appreciation/mortgage paydown to be in excess of the cost to acquire, sell, and make up the cost difference between owning and renting. 

Safety hazard.7.4.C loose wire ends need to be in box in storage room8.0 foundation- water intrusion visible signs in crawl space. 8.2- undersized wood beams- need reinforcement10.1.a drywall on wall shows wet stains indicating moisture unit 310.2.A unit 3 living room floors are sloped and sagging.10.4.B sliding door unit 2 10.0.C Drywall on ceiling water stain unit 1 over washer/dryer10.1.C drywall on wall peeling paint at utility closets10.6.C electrical issues10.1.D framing wall leak10.3.D back stairs need to be redone for roper stability11.6.A unit 3 exhaust fan not work11.3.B unit 2 bathtub resurfacing needed11.3.C improper materials used at the unit 1 hot water supply11.5.C defective GFCI outlet unit 16.4.A new sump pump + battery

There is a fear of buyingThe Bottom: Prices bottom out, there is excess inventory.