Next Steps might be:1) Lower rent below my min criteria for cashflow.

All are higher risk and lower cash flow than investing in a multi unit.

The house also had a guest house in the back that would work as a rental to lower our monthly mortgage payments.

Hi all.  I went through a couple of threads regarding the topic.  But I think each case is unique so I'm presenting mine here to get better help.This is for a SFH I just bought a couple of weeks ago for $570k.  House ...

To limit the exposure a lower ITV was necessary.

Why not just refinance to a 30 year and drop the payment lower.

For initial 'go/no go' calculations I plug in about $1200-1400 for lower end homes (40-60K), and 1800-2400 for mid (around 100K). 

Residential financing terms are much better (30 yr amortisation, no balloon, lower interest rate).

In addition I would assume that they will do a double conversion, first from Shekels to GBP and then to USD.Wiring money from an Israeli bank to an American bank is safe an easy, the only problem is the fees, that's why I'm looking for a transfer service with lower fees (and preferably one that's a long time running company with a reputation of not disappearing with the money...)

Usually, expenses are estimated at 50% of the income but the financials might show a lower percentage.