The last sentence clearly states that after including the net rental income in the denominator or loss in the numerator, that the rental property mortgage payments are not also supposed to be included in the numerator as monthly obligations.

I’m a hands on learner and I learn best by trial and error.

Then, there was the foreclosure crisis and the loss of numerous first-time home buyers' properties.

If you are basing any part of your decision to flip a house, with little to no experience, on your dog, you are making a huge error in judgment.

Ive seen it play out poorly over the years being a plumber working in numerous buildings across the state.

Nobody comes to watch the officials, but sometimes they change the outcome of a game due their errors or ineptness.

There is long hours, unmeasurable amounts of persistence, effort, knowledge building, research, trial and error, networking, designing, implementing, redesigning, adjusting, and the overnight success is built over years and years of micro successes all compounding upon themselves. 

I will not walk away from any flaw in the property itself where costs are definable.1) Is it possible to get solid bids that stay in line with the budget (and appropriate margin for error/unknowns vs ARV2) Physical inspection must reveal the full scope of the issues not don't enter the dreaded "we won't know till we tear into it."

You may have to negotiate your own deferred deal with the bank to weather the storm but residential rentals will be in higher demand then ever once the sun comes back out.  Commercial and office space is in real troub...

My team has worked with numerous others who are doing the same.Please don’t hesitate to reach out if I can help in anyway!