@Eli Altman , Good Question.The cashflow before depreciation needs to be in your personal income statement.The net equity ( FMV net of your outstanding mortgage) need to be in the balance sheet.Here is the template that automatically calculates what I talked about.You can find it here and look at the sample file to see if that is something you are interested.evaluatedeals.com

@Tyler Wisner you have some good suggestions above but many "buy and hold" investors look for 3 method of income on investment properties:Appreciation of the Property - Meaning the local economy is strong enough to support a healthy housing marketPrinciple Buy Down - Meaning every payment your renter makes to you pays down the principle balance of the mortgageCash Flow - the amount of money you earn each month that is OVER and ABOVE your expenses on the propertyIf you find a market where you can have these 3 items you should be able to have a good market to invest in.  

When rehabbing there is a delicate balance between luxury and affordability.

With our other assets, I am quite comfortable that I can withstand a GR type impact to housing.You need to balance your comfort level with the benefit of leverage.

The plaintiff missed a couple of payments and madethem up later but, the mortgage company called the balance to be paid infull after continual late and missed payments.The plaintiff in 2017 claimed she discovered she might be forced to move out of the home she'd been"renting" since 2015 because she noticed the house was going into foreclosure.

We can't expect a vibrant and balanced local economy to continue without addressing our housing supply as well. 

As soon as you take out the HELCO, the lenders typically count the total loan balance interest payment in your DTI, even if you aren't using.I have also run into banks not counting my rental income until I was a landlord for two years.

Cash invested and total loan balance?  

@Jamar JonesYes Jamar, that total would be the outstanding balance that the owner is responsible for

If you’re really concerned with getting rid of those loans, pay biweekly to lower the amount of interest you pay, and add small amounts to principal balance.