The terms of the lease and rent will remain intact until April 30.

I know once you figure debt and expenses you just subtract it from the income.So, if interest rate of this property was 6 percent (theoretical I can't find it) than the remaining debt would be 1556 a month?

for example let’s say you owned a rental property in an LLC taxed as a disregarded entity and your profit after all expenses such as maintenance, debt and taxes was $100k and your personal tax rate was 30% 1) Would You pay 30% on that $100k as taxes so $30k and the remaining $70k is yours to keep with no further taxes? 

I'm remaining optimistic but everything points to us heading towards a more restrictive lending environment.

Inventory remains below 2 months, even with the low sales volume.

“Florida Governor Ron DeSantis has today announced a total suspension of all vacation rentals with immediate effect, remaining in order for two weeks from today.

Will Inflation hit an all time high?

You must decide whetherto capitalize carrying charges each year theproperty remains unimproved and unproductive.

The deal https://www.loopnet.com/Listing/4300-Rosslyn-Rd-Houston-TX/16820570/Down payment is 25% of purchase price so I got 948,750 with remaining principal of 2,846,000.Income 7 of the units rented for 8050 and 20 units rented for 25,000 giving me annual income of 61,920 and monthly income of 12,000.Expenses I was told by GC that you take 40% of your gross income to calculate expenses.

This house is located in South Jersey area. 3BD, 2BTH, FB1382 sq ft living area. 7000 sq ft lot.Mortgage balance remaining is $112k Monthly payment: $1250 (PITI)2019 property taxes alone were $7000The going market for similar property is 1600-1800.