They don't always function entirely right so you have to be ready to step in should anything start going wonky.

then minus your taxes, insurance, vacancy, etc etc.... everything except your Principal and Interest (loan cost).After you do all that subtraction, what you have left is what you have to service the loan (let's say $350)You can use Excel's PV function to figure out what your offer looks like.Using 5.5% interest rate (expressed as .055/12), over 30 years (360 months or "periods"), and with $350 month gives you an offer of 61,642.62.

Check out the XIRR function in excel. 

Another option may be a half wall or a pony wall that divides the spaces and visually blocks some of the kitchen clutter.

It's a very common LTV, but it's definitely not always5. yes, the bank is going to look at your capacity to repay as a function of what's on your tax returns6. 6 month seasoning is standard but can be much faster if you use delayed finance (which can be complicated).

A lot of this is probably a function of the area and the tenant pool though, and in some areas where the tenant pool is not as good it might be a different story.

If the bathroom were put at the back of the bedroom (bottom of your drawing) it would be much more functional.

My day job is running an M&A program for a mid size software company so while I know my way around financials and legal matters, I'm just getting started with rental properties.1) As easy as it would be to pierce the veil on the sole member LLC, I'm still inclined to have it as I just like the comfort, separation and plan for growth.2) I understand getting a any bank to loan a new LLC for a property will be difficult and I'll likely have to put the mortgage and title on the rental property under my name personally.3) Can I have the mortgage and property under my name personally and still have the lease and all other business functions under the LLC name?

It is not a function of greed. 

Housing providers can ask you to provide documentation from a professional, stating that you have a disability that results in one or more functional limitations.""