This is still guess work, but it should get you in the ballpark.Regardless, if the property is in foreclosure, the seller may have other debts that are extraordinarily relevant to them in this situation, so the mortgage may not be the whole story for them, even if it is the principal factor for the investor.

(i)In generalThe term “period of nonqualified use” means any period (other than the portion of any period preceding January 1, 2009) during which the property is not used as the principal residence of the taxpayer or the taxpayer’s spouse or former spouse.se of the property, relevant factors in determining a taxpayer's principal residence, include, but are not limited to—(i) The taxpayer's place of employment;(ii) The principal place of abode of the taxpayer's family members;(iii) The address listed on the taxpayer's federal and state tax returns, driver's license, automobile registration, and voter registration card;(iv) The taxpayer's mailing address for bills and correspondence;(v) The location of the taxpayer's banks; and(vi) The location of religious organizations and recreational clubs with which the taxpayer is affiliated.https://www.law.cornell.edu/cfr/text/26/1.121-1https://www.law.cornell.edu/uscode/text/26/121

Here is a link to most of the relevant forms, including inspection checklists and the HAP contract and addendum you will be required to agree to and include as part of your Rental Agreement:https://www.hud.gov/program_of...

Cap rate is not relevant in SFHs.

Some people don't read that you have a Keurig but do look at the pictures.Look at other people's descriptions to get an idea of what a great one looks like and copy parts that you like that are relevant to your property.

I can PM you the town ordinance contact if you want to reach out to him directly, but I pretty much asked him every question possible and posted most of the relevant notes above.

I bought my house at 21 a few months ago without any relevant tax returns.

Here is how I've done this successfully:Step 1: Find rental property listings on Craigslist using relevant keywords in my target markets.Step 2: Reach out to the seller via phone or email with a polite message expressing your interest in their property.Step 3: Inquire about the rental property and gather information about its features and terms.Step 4: Express your interest in potentially purchasing the property instead of renting it.Step 5: Build rapport, negotiate, and conduct due diligence as needed to facilitate the purchase transaction.

And since we are talking about either directly held investments and one person brought up HML, the rate charged on dividends would not be relevant. 

.* If you didn't have any information relevant to the conversation, you could have simply not responded to the post.* You could have said something like "I don't have any information about neighborhoods in KC and I wish you luck in your search.