In my view, demo and simple framing is standardized and prescriptive so it does not take too long to put together a rough outline based on standard assumptions. 

Omar:My assumption may be in error.  

My assumption is it will be treated as two separate units but they can tell you that as well as review the property to ensure it qualifies for their program and/or items you need to address to pass the inspection. 

@Hassan Oukacha the average home price in the greater Austin area makes cash flow hard to achieve unless you are able to purchase highly discounted properties, negotiate assumptions, or put down large down-payments.

Some of the colder states or states where it rains frequently need to have much bigger CapEx assumptions. 

Rental expense assumptions: PROPERTY TAX (YR) $1,071INSURANCE (YR) $1,231PM $110.00MORTGAGE (3.25%) $813.89HOA $0.00VAC 10% $110.00REPAIRS 5% $55.00All feedback welcome and thanks in advance!

I think SFHs are easier to manage ASSUMING (and this can sometimes be a big assumption) that your tenants are ideal.

There should of course be some sausage-making that goes into each month's assumptions, since rates vary within each month (think weekends, holidays, etc).  

Use conservative assumptions, outperform on them, and watch your investors grow your network for you by way of referrals.Give the best reporting in the industry. 

First the assumption that bruised credit= late rental payments is simply not the case.