So, am I doing this right?

What am I missing here?

Am I missing something, or are there different income limts on SDIRA, etc?

I'm sure there are, and by no means am I an expert in that area, but I would just think it would be easier for someone in his situation to try a different area, if it's possible.

Am I being unreasonable?

Am I missing something?

Ok I must be missing something because all these deals seem to have balloon payoffs at some point. No one wants to finance you forever especially if you're wrapping their loan. What do you do when you have exhaus...

That is when I realized that I should maybe seek to get better informed and I started to look for a forum where to post questions to other investors like me.So here I am! I

Am I missing something entirely?

(In reality these units are actually already rented out)----------Using the 50% rule for a quick glance,$4,470 x 50% = $2,235 for expenses and $2,235 to pay the mortgage$2,235 - $977.90 = $1,257.10 (cash flow)$1,257.10 / 3 units = $419.03 cash flow / unit---------When I plugged this into the Rental Property Calculator I used these parameters -->Property Taxes: $7,000Points/Lender Charges: $0ARV: $0 (no renovations planned or needed)Electricity & Heat: $0 (Tenant Responsibility)Water: $100 (guess)Trash: $100 (guess)Property Insurance: $150 (guess)Vacancy Rate: 5% (guess)Repairs & Maintenance: 5%Capital Expenditures: 5%Management: 10%Future Assumptions: 2% (For all three)The Rental Property Calculator gave me expenses of around $3,000/m and cash flow of around $1,200/m, which was around what I got with the 50% rule.What am I missing?