They also mention the Maximum Initial Rent Burden: "The approved gross rent (owner requested rent and the HANO allowance for tenant paid utilities) cannot result in the tenant having to pay more than 40% of their adjusted monthly income toward rent."

This puts us at roughly $2,400 in Gross rent per month from both houses.

Rental income, gross or net, does not affect the value of a 4 plex....they are appraised on comp sales only.  

Of course, I don’t know how much you make or how much you plan on financing for your primary or your investment property but lenders will look at your gross monthly income in relation to your total monthly obligations, including credit card, student loans, and housing payments.

This is a novel strategy for improving NOI by returning some gross cash flow to the tenants, giving them an incentive to stay.

California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.

Hi Everyone ,   I am currently debating if I should keep my Duplex which just cashed out refi(250k cash) this year or I should 1031 exchange to a new purchase.Below is the scenario:——————————Current Property  -Duplex Attached (1,200 sf)-Lot Size:6,500 (R2 Zone)-Potential sold price: $750k-820kGross Rent: $44,600NOI:             $37,000—————————Future Property -Potential purchase price: $880k-940k-Duplex Detached (2,100 sqft)-Lot size:9,300 (R3 Zone)Gross Rent: $55,000 (After repair rent $70,000)NOI:             $41,000 (After repair NOI $56,000)-ARV $1.15M-1.25M (100k-120K Repair estimated)—————————Any suggestion would be helpful.Thanks in advance.Daniel 

I just want the income to be high.The key number of what you made is "Adjusted Gross Income" which should be clearly visible in TurboTax. 

What are the comps gross rent multiplier? 

The cashflow in the area could gross you $2500 for a 2B, and $2800 for a 3B.