You need to be producing sales TODAY that pay out in 30-45 days.

A Guide to Modeling and Overcoming Analysis ParalysisI am a numbers person by nature and often consider excel to my second home for my 9 to 5 job and so I can relate to those who find themselves wanting to exhaustively model a potential property and the cashflows that could result.

Thanks @Mike HartzogI have been informed that this is generally acceptable if a copy is still available, but some states are cracking down if the original cannot be produced. 

I have just gotten an appraisal on my primary home and am waiting the results although it should come in around 60000-70000 to use as HELOC.

They'll base the loan on the income produced by the property not the borrower. 

I have difficulty understanding any landlord that believes rent increase result in tenants moving.

Accept their notice and start marketing the unit and prepare for quick repairs and fast turnover.....let them go.You didn't screen them or accept them....no deposit (red flag)....below market rent (probably no increases in the 3 years)....and they are giving you their first test to see if you flinch....don't flinch.Yes its a business to make $$, but you also cant run a business out of fear....... the short term "pain" of vacancy can result in a long term benefit .

We've never considered purchasing a second property and not having it be an income-producing property while we own it.

That and my subsequent experience as a Real Estate Agent is a foundation for a new initiative, a new result and an outstanding life.

I would probably polish up the brass and keep it in the dining area.Similar styles at Pottery Barn & RH sells for $$$https://www.potterybarn.com/products/gemma-crystal...https://www.restorationhardware.com/catalog/produc...