So myself, personally, I say to use the LONGEST potential expected hold time, for a look-back threshold than take it X2 or X3. 

They may be receiving rent payments casually in cash or depositing them into their personal account where everything is mixed together and hard to find the dates and amounts of payments to provide you.

Once the project is complete and the property is stabilized, you can look into refinancing with a DSCR loan, which focuses on the property's cash flow rather than your personal income.

Hello BP community ,Looking to get insight/opinion on buy new construction for investment in Washington court house ?

Tampa offers strong cash flow, a high rental demand, and affordable housing, plus no state income tax.

If you're seeing websites with super old deals on them, that just means that person it not being active in taking them down. 

Go in person if you can. 

The partner is not agreeing to keep it, we have a mortgage on the house but still it seems that we will have positive income and around 6k-7k cash flow each partner.

Short answer is as little as possible.The long answer is it depends on the deal.Typically you end up in a subject 2 situation when the current owner has little or no equity in the property, the current advantage of subject 2 properties is that most mortgages are below current market rates.Keep in mind when acquiring a property subject 2, in most instances you are not notifying the current lender of the change in ownership, and most if not all mortgages have a due on sale clause, which is the lender's decision if they want to enforce it or not.I personally like the idea its a great way to get investment properties with low rate loans, that with most likely appreciate in the coming years.

So if we lose power, the house doesn't drop into freezing temps for at least 2 days from a 60 degree set point.If you see a bunch of outages each year, then looking at a propane generator install would be a good idea.