Just make sure there aren't planning to build more subway near you and last 3 to 4 years of trend show consistent 10k a week avg volume.If Togo's is popular in your area it's up to you but I'd choose subway over it, more brand recognization.

@Ryan HernandezJust recognize that if you have $30k you will need money for reserves as most lower priced homes have lower quality tenants who have higher eviction rates and higher turnover costs.

Some of the surrounding neighbors do not maintain their properties as well, but great investors recognize a good deal and have vision of where the market is heading based on location and market growth year over year.

That is one of the questions I will have for this contractor, as I am unsure if he would recognize those costs (or any other holding costs like insurance, utilities etc.) as pre-net profit.  

From there just recognize that this is still a hospitality first business more than a rental business. 

Generally speaking there are 2 main types of loans for investors: “Conventional” and “Portfolio”Conventional - I'll define these as loans that come from Fannie Mae and Freddie Mac (if you recognize those names).

Their algorithm also doesn't recognize special events.

After we learned more, we came to the conclusion that these types of software generally aren't the best use of money / time - it seems they are mainly designed to profit off of aspiring investors that are looking for an "easy" way to find deals and don't know enough to recognize that the information they provide has generally low value.  

The court stated, “For a corporation, not its service-provider employee, to be the controller of the income, two elements must be found: (1) the individual providing the services must be an employee of the corporation whom the corporation can direct and control in a meaningful sense; and (2) there must exist between the corporation and the person or entity using the services a contract or similar indicium recognizing the corporation's controlling position.”Thus, with the S-corp structured correctly, it can be done. 

I recognize that may not be feasible for you.