https://www.costco.com/.produc...If you offer condiments like we do, here is a 1000 packet box of Splenda at Amazon for $13.30.

I'm wondering if anyone on the forums has created their own calculator that produces something similar to the old PDF reports.

Yes, all of my rentals are mortgaged and I used the rental income that each property produces, not my personal income.  

The construction should be of more consistent quality given it is repeatably produced in a controlled factory environment.

It's mind boggling how many of the old producers who have been doing this for 30+ years know little to nothing about what they're selling, loan docs, insurance, etc. 

Betting on market appreciation to produce a satisfactory return isn't going to build financial freedom for you. 

Eamonn, doing a cash out refi and buying more income producing rental properties is what I've decided to do.

If you follow those recommendations and execute your plan for the property, your concerns over "red tape" for a rehab will be a small obstacle when you realize you have acquired an income producing asset that you can own indefinitely.  

I would recommend buying $500K of income producing real estate and use the income to purchase a primary residence.

I buy property that produces $350 to $400 a month net.