If one has a preference for trucks or other large vehicles over the IRS weight limit you receive full benefit of depreciation (up to business use).Currently the code limits business car deprecation to basically a Honda Accord price point.

When a listing agent receives your offer along with other offers, how good your lender is will add weight or take away from your offer.

I get that and would give more weight to their decision if they are also the reason I graduated college debt-free. 

I was wondering if anyone in the Grand Rapids, MI or surrounding area would be interested in getting together to play it.

Furthermore, in small multi, appraisals don't allocate much weight to income - it's all about comps.

I re-listened to Podcast #185, and it was a good starting point, but I'm needing more information to weight the pros and cons.To begin with, this home has foundation issues that need to be addressed.  

Your debt service would be about $210/mo, expenses should weight in around $300/mo (taxes, insurance, maintenance, management, utilities and repairs).

Often times they will take a weighted average of the last couple of years ($50k first year and $150k the second year, they DO NOT give you $150k in income, it will be closer to $75k since they are conservative - not exact numbers but ballpark).As far as being self employed, there are a couple of other options at your disposal...

Sadly I do not know much about Swan Creek Park as that is the opposite side and I didn't spend any time there.I have friends that still live in Uni P though and they seem to think it is on a rapid growth spurt.I would also try contacting other landlords in the area and ask them not turnover is.

I'm looking to connect like minded positive and successful REI in and around Grand Rapids, MI.