So, the formulas simplify to:Cash Flow = (Rent - DebtService - ManagementFee - Insurance - RealEstateTax - PeriodicFees) x (1 - StateIncomeTax)ROI = (Rent - DebtService - ManagementFee - Insurance - RealEstateTax - PeriodicFees) x (1 - StateIncomeTax) / ( DownPayment + ClosingCosts)We perform a multi-step validation process for each property, adding more cost elements as we gather more information about the property.Comments:We do not include depreciation because the amount people actually benefit from tax deductions depends on their unique tax situation.We do not include unrealized gains, such as principal paydown or appreciation, as they are only recognized when the property is sold.

I am looking forward to joining the ranks.

There are many moving pieces here and very concerning elements to this whole situation.  

Depends on what hat I'm wearing, but speaking as an investor buying SFRs or REOs I'm looking at everything from walkability score and school rankings to heat indexes and flood maps.Tax data is something to look at too.

The roof on the 2nd floor had failed so it was open to the elements, everything was rotting and there were rodents everywhere.  

There are many different ways to help your page rankings on the OTA, although most people have more success on Airbnb.

Healthcare in RI ranks number 8 in the country, so if you are looking to have your children imunized RI has a very strong state program that allows this for all families and many schools offer flu shots regularly to all students.

It would involve the following test.(1) whether the company was adequately capitalized for the undertaking; (2) whether the LLC was solvent; (3) whether LLC formalities were observed; (4) whether the dominant member(s) siphoned company funds; and (5) whether, in general, the company simply functioned as a façade for the dominant member(s).The failure of a single element of the test is generally not considered enough to justify piercing the corporate veil.

We (mods) collectively asked to be excluded from the badges but would still show up as ranked.

One element that has been critical to making the investment returns of even top notch short term rentals attractive has been loan and lender structuring.