The smell of sewerage from a local treatment plant reaches the property three times a week19.

The pivotal factor for our team is rehab costs.

My numbers did factor in 10% property mgt. 

In buying any property, you cost basis is the main factor and the lower your financing cost the lower the overall price of the project.  

If you are in a buyer's market, you might have to suck it up for an otherwise good tenant; if you are in a seller's market, you might consider raising his rent to help with the aggravation factor.

Would you happen to be familiar with the exact calculation that lenders use for the DTI calculation when factoring in other properties?

And I can't really sell at the moment because I don't have anywhere else to go.For the record, I don't want a HELOC because that's not guaranteed money if the bank decides to pull/reduce the line.Lastly, is there any truth (benefit) to having a higher mortgage payment on a rental and thus less profit to report, which equates to better tax treatment, or is it that just nonsense?

Hi @Jae Ham i don't have any experience with this but I'd been wondering if there was a market in Baltimore for short term rentals around the hospitals with people coming in for treatments.

If they don't understand cap rates and how to use the factors that drive cap rates to determine value they may just be shooting from the hip.

Sounds like I should definitely factor in more hold time and keep an eye on the exterior work.I imagine you can put off landscaping and curb appeal though ;)