Quote from @Jason Watson: Other people in the lending space might have better answers, but some lenders quote taxes, insurance, etc. to fully understand the monthly cash burden and ensure you know it as well. that is correct Jason, I personally like it better like that so I can actually see what my payment is after everything is said and done. 

They’ve taken payments for premiums and not bound the policies, and let the policies lapse without my knowledge.

I want to get him to understand if our monthly payment is too high, we don't have the extra cash lying around to fix up the other unit and get it to market rents.

Then the loan payments, insurance and property tax.  

When renting to travel nurses for 3 month periods, are rent payments considered earned or passive income

In my particular market we are having a lot of regulation change so those who are non licensed are getting out.

- A traditional investment loan down payment of 25% down is doable but still hard to cash flow.

There is a new property management company in place now and I had my onboarding call with them last week and they walked me through every step of how they will be handling repairs, late payments, evictions and maintenance.Really happy with the whole process.

However, I'm concerned about the high monthly payments that come with shorter loan terms.

.🌟 Because here's the scoop: the most successful people aren't the ones who grind non-stop.