The rule of thumb is 50% of rent will go to expenses NOT including debit service.

And thank you for your service!     

No Land Contracts or Contract for Deeds.I also use a 3rd party payment servicer.  

It is also true, the better the website, the better the response, and there are a plethora of web site gurus out there offering services to those who need them.

Quickbooks, which has a very large, existing base of knowledge and service providers.I have an education in the typical accounting given in business schools (Managerial, Financial, etc.), and plenty of knowledge of Excel (I've written VBA overlays for Excel that counted thousands of code lines).

Also a recommendation for a decent servicing company for small loans would be helpful as the payments are not as big so fee's could eat profits easily. 

Examples of income of this type include income from hourly workers with fluctuating hours, or income that includes commissions, bonuses, or overtime.History of Receipt: Two or more years of receipt of a particular type of variable income is recommended; however, variable income that has been received for 12 to 24 months may be considered as acceptable income, as long as the borrower’s loan application demonstrates that there are positive factors that reasonably offset the shorter income history.Examples of positive compensating factors that we like to see (1-3 will generally do it)...Employed in same line of work.Makes sense from a common sense perspective, like someone is returning to the workforce after being a stay at home parent for a while.Recently finished some training or education program that lines up with the new line of work.Low DTI.Great credit.Income trending upwards. 

Once you're able to communicate with the property owners, the servicer on the note can contact the note holder to see if anything can be worked out. 

He is here to start a new business and currently works at a restaurant making $45k/yr. his application is very good with a credit score 733 and previous yrs income of $75k-$100k.

Any suggestions for finding a general contractor or service that offers apartment turn services, preferably in Louisville, KY?