Depends on the size, but I usually put about $600-$800/year in maintenance/turnover expenses plus another $300-600/year for recurring CAPEX.

There are a couple of other identification rules you can use to identify more properties depending on the size of the transaction and the value of the identified properties.

All mine have 15 year draw, and the ability at any time to convert any portion to fixed interest 15 year amortization (can even do this at the 14th year and buy yourself another 15 years).All mine are interest only too, and 5.25% or less.I'd check US Bank and Key Bank for starters.

Earlier this year, I setup an SDIRA and rolled a portion of my previous employer's 401(k) into it.

I’ve got 10 single family properties in my portfolio, and I’m dabbling with the idea of a small apartment, but if I pursue that, it would be a significant portion of my net worth that could potentially go south, and I don’t want most of my eggs in one basket.

What size?

You may have to sacrifice a portion of your CF if not all just for that period..Creative financing is a beautiful thing..Another way is a short term loan with a lien against one of your properties..Good luck

I'd estimate that the size of the garage is about 600-700 sqft.

:) I live in a small area population wise (town sizes are generally under 1,000 people) so I was just trying not to offend my broker because everyone knows everyone.

I was thinking you could get the best of both worlds if you bought with a big enough of a down payment, maybe a little bit of rehab/maybe not, then pull a portion of your down payment back out through refinance or a HELOC for purchasing the dental practice.However, if the practice would triple your income (Of course, assuming tripling your income doesn't mean $100 to $300.), then I would get the practice going and use the income to start real estate investing.