Are you interested in making max return based on market rents or are you just happy having a tenant and not having to do the work of finding a new one.If you raise the rent by $50 - $100 he may stay or go.

Also realize that the taxes on the unit that you are basing your purchase on - are the current owner's taxes.  

I guess this leads to the question where could I find an affordable LTR based on my budget.Would really love to get some advise what an experienced investor would do.

My advice is to speak to a few local HMLs and ask them for their rehab estimate spreadsheet, which most should be happy to provide.FWIW, based on my assumptions above, you can’t pay more than around $480k for this property.

While you're talking with bank find out if your next purchase would be based on your DTI ratio or if it would be based on the debt service coverage ratio of the prospective property.  

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

I guess I could add a landing 3/4 of the way down and bring it down to the side which is open. 

They usually pull your credit but lend based on the income potential of the property. 

As an individual landlord, especially one managing remotely, it might be challenging to secure similar terms.Payment Trust: Vendors may also be hesitant to extend credit or prioritize someone they are unfamiliar with, particularly when the owner is based internationally and payment assurances are less certain.Real-Time Issues: Handling urgent maintenance or unexpected issues can be cumbersome without a local presence.

Thank you, increase the number of units and lower your average housing cost per unit. 180k for 1500 in rent doesn't' work. all in triplex we can build with land for 400k with our margin and land and entitlement that rents for 5400 a month in columbus.