I already have an investment analysis workbook built that tells me everything I need to know to make a purchase decision, NOI, COC, ROI, and if the property will achieve the appropriate coverage ratio to be funded. 

I purchased a single family to rent out the rooms and it sent my finical plan completely off course because I was not as ready as I previously thought.

For an investment property (purchased as an owner occupant), that is insane. 

I’m looking for some advice on a fix/flip property that I purchased with two friends almost two years ago.

@Preet Oberoi Purchasing a short-term rental (STR) or tiny home to offset W-2 income with depreciation can be effective if structured correctly.

My client recently got under contract on a BRRRR that is purchase price $245k, rehab is $35k, and the ARV is $350k.

Taking a 15 year mortgage will hemorrhage your debt to income ratio and make it difficult to qualify for more home purchases in the future. 

And we usually replaced windows/storm doors and HVAC systems within a year of purchasing older units, and this has helped as well.

Purchase price: $169,000 Cash invested: $35,000 Looking to put 70K into the separate garage to make a 730Sqft home.

@Rosette PooleRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?