Roy, not only did we give you our ALL to get you across the finish line....most of the time we couldn't even get you to the starting gate!

He has not started any work yet and is not owed any money.

Hi - Congrats on starting your investment journey!

I trade properties and broker them too. 

This is located in oak harbor WA on Whidbey Island if that is pertinent for calculating a deduction just a general idea would give me a huge help at least would be a starting point the rent is higher than a lot of similar apartments however as I stated it's on property but the lack of kitchen almost cancels out the benefit of the setting.

@Ryan TongueWe started with a smaller credit union and ended up switching to Chase as we grew.

We are looking to invest out of state, and we have small cash to start.

I always recommend to anyone start with a duplex, manage it from there and then grow. 

One easy way to start evaluating a market is looking on Furnished Finder, VRBO/Airbnb (30+ day stays), and Zillow to find other listings in your market and see how many, what they are charging, and generally what they look like.

And no matter what, straight percentages of the income don't work...unless of course you slide the percentage around for the above-named variables, but at the end of the day your resulting answer will break down to $/unit so you might as well just start there and dump the percentages.