. $4451 - $3900 = $541 rent lossPITI on new primary + 541) / monthly W2 income = DTI(Although in the real world this math is run per property... but the aggregate numbers would be the same.)The 75% rule applies to any property you've acquired recently (or put into rental use recently) such that it doesn't yet show up on your tax returns or was acquired midway through the year such that the info on your Schedule E wouldn't be representative of ongoing income and expenses).For a property that shows up on your prior year's tax filing, we analyze the Schedule E the math goes like this:Net Sch E income or loss + depreciation + amortization + HOA dues + mortgage interest + MI + homeowners insurance = net income(net income / 12) = monthly incomeMonthly income - PITI/HOA = rent income or lossThere's one more add-back that can go on the list above... if you've had unusual one-time expenses during the prior year (major renovations, disaster losses... pipe burst, flooding, fire) you can add those back.If the property was out of service for a period of time due to the above unusual expense, but has been re-rented, you can sometimes make a case for going back to the 75% rule.I should add that this goes for properties that show up on your personal tax return (whether titled to you or an LLC).

-Monthly rent $xxxx including utilities (PG&E, fast internet) -The rental application fee is $35.

Where in other states this amount includes the state income taxes you pay (which by itself amounts to more than $10,000 for some people), TX doesn't have state income taxes, so the property taxes will count more towards your itemized deduction total.The deduction is more valuable on a rental property because you can deduct the full amount on schedule E, without much limitation (subject to certain rental passive income/loss rules).Some states/counties/localities, will provide tax rebates or credits for installing certain high-efficiency HVAC systems.

I see this kind of thing all the time, comments like "I sent three e-mails".

If the tenant isn't there, an e-signature document takes about 15 minutes to set up.

We also have a diverse industry base - insurance, tech, apparel, e-comm- to name a few.

@Kyle MaillouxI get dozen of e-mails everyday from wholesalers, they all seem daisy chaining the same properties over and over , a lot of them even send properties listed already on the MLS.

It may be easier to answer Spanish (or even all) inquiries via e-mail. 

Have the bank verify it first BEFORE any paperwork changes hands.If they're doing it for E/M, you may be able to let it go and if Escrow finds it's bad, call off the deal.

(Current plan $2K to savings and 500 to E*TRADE, until I get enough for a down payment.)Note: I am already maxing out tax advantaged accounts. (401K and HSA; ~$2200K/mo)Option 2:Us the $65K to buy an investment property and continue to pay on the debt.