For example, a 10-year-old carpet has outlived its normal life and no longer has any value. 

For example, you can tell an investor to invest 100k with you at 10% per year. 

Suburbs typically 8%.

Only 80% allowed in 2023, so $64k, not $80k in your example.

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

The typical wholesaler is cash/hard money only, non refundable deposit, no inspection period and you pay both sides closing costs.

Real estate taxes vary depending on location and property type, but they typically fund local services like schools, roads, and emergency services.

.- then we typically have "rent commencement" or when you start paying rent, to be the earlier of either 180 days following lease commencement or when you are open for business.  

We have an entirely too complex PMS for 5 units (Streamline - used on typically 50+ unit portfolios). 

. 🤔 Is base board heat typical in this area?