If any costs, including vacancy are excessive, then your total costs will exceed 50% - this does happen to landlords in real life, so it's not unheard of.As I posted earlier, direct your 50% rule and 2% rule questions to those other sticky threads - you'll get more people chiming in.And both sets of revised calculations (one with 50% expenses, the other 40%) seem to be correct (I didn't plug in numbers into a calculator, just looked at how you got the results).

A lot of it is naive residential brokers who beleive anything they hear and think they can make a life changing paycheck on every deal so they promote bogus programs and or "lenders".

Remember, you are operating a business, so remember to always treat it as a business, not an extension of you personal finances or life.

I am actually from Milwaukee I lived there my whole life.

You're trying to cheat and just making life that much harder for those of us who play by the rules.

I can't for the life of me figure out the 50% rule if the payment includes PITI.I'm either looking at a profit of $290.00 per month or more if I did this correctly.

I know there is some way ...... but for the life of me I cannot think of a way!

I was curious if anyone has gotten their bachelor's degree in real estate, if so did you find it enjoyable and have you used your studies in real life?

The long shelf life appeals to me.I looked online for feedback on this food and didn't see any.

Even with numerous email convesation, they keep coming back with excuses (last one was they are hiring new landscaping company that was 3 weeks ago).What is my course of action here?