@Chris Piperhey thanks much I will make sure to take all those numbers in to consideration and i like the 85% of MAO it gives a little wiggle room.

Give this serious consideration before making your decision.

I'll double check anyway, but if your info is consistently accurate, you'll quickly rise up in the ranks as my first choice for inventory.

Where you rent out a property and while you are holding negative cash flow the value of the property is rising significantly faster than your losses.

The 50% assumption is more of an instant consideration for a buyer or lender considering a new or additional unit.The size of your portfolio or units under management.Maintenance is a variable expense.

In some states, those take considerable time.In some sense, you are now the owner subject to the first.

Are you saying that even the option consideration, which applies to the purchase price if the option is exercised, should be totally avoided?

"A rising tide lifts all ships"

I can use any legal criteria to eliminate a potential tenant from consideration at any point in the process.

That's an important consideration.