Specifically, in 2016-17, the state lost $223 million in adjusted gross income reported by tax filers who moved in and out of Minnesota — the least, adjusted for inflation, since 1995-96 — before seeing the net loss increase again to $673 million in 2017-18.

Asking price will be $370K and gross incomes are $4,800 per month.

A clarifying question, @Carl Hebert: Your gross income is $2600, right?

(Gross oversimplification!)  

@J BrendanI don’t wear shoes it my house, it’s gross, they have been tracked through who knows what outside.

I ask because I regularly sell vacation rental properties to out of town investors that will gross $45-65k in revenue for half (or less) of $900k, purchased with conventional financing.  

If the result is negative, it gets added to your liabilities.So for the new primary purchase DTI, take your gross monthly employment income, plus any positive rent. 

Whether or not they meet someone's standard of cashflow is a case by case basis, but we're still seeing properties listed on the MLS at about 1.3% (Gross rents / list price) - we're actually getting ready to list one next week. 

-Credit Score of 640 or higher -Monthly gross income 2.5x the rent -No prior evictions -No pets.

As an investor, I am chasing net worth appreciation and not cash flow currently.My math is basically this when comparing my options between selling now vs. selling later.If I rent it out for the next 3 years:It'll be about $1700/mo for 30 months, minus maybe 20k for turnover costs and about 3k in insurance, or (1700 * 30 - 23000) = $28000 in gross profits.