I have seen this before on limited scale and it worked excellently. 

If you're looking for an accountant / book keeper reach out and I have an excellent referral for a firm that is virtual, does only real estate investing, and their accounting work is incredible. 

Lots of RE are watching this market and seeing what not to do.2)  Median income is an excellent metric to use.

Some lenders may still offer 10% down, but they might require strong compensating factors such as excellent credit, higher reserves, or a low debt-to-income (DTI) ratio.The requirement for 12 months of reserves is common with jumbo loans right now, especially in Southern California, where property values are high.2.

I've been trying to use this formula but lost some excellent deals. 

Michael makes some excellent points here.

I know how much of a relief it is to be able to have confidence when referring my clients to another agent out of state, and I want to build that confidence with you and provide excellent service for your clients.Please feel free to reach out to me and we can talk some more.

@Jack LeeTo improve deal analysis skills, use BiggerPockets Calculators, YouTube channels, podcasts, books, online communities, Excel spreadsheets, and local networking events.

I'm starting out and have one investor in particular that has paid cash and had excellent outcomes thus far.

This project reaffirmed that smart, targeted renovations deliver excellent returns without overextending.