Plus you have to keep in mind that we are in a climate where interest rates are very likely to start trending downwards, maybe that's worth waiting a bit longer than you otherwise might to pay yourselves in dividends in the future.Surprising that only 20% of homes have a bathtub as I think of them as a necessity personally.

What they should have done is set a decreasing inflation target: 5% in 2023, 4% 2024, 3.5% 2025, 3% 2026 and if they want this pie in the sky 2% then 2.75% 2027, 2.5% 2028, 2.25% 2029, 2% 2040.

Great job and population growth, very low crime rate, super low property taxes, very land lord friendly and the list just goes on!

Also with where the rates are these days, interest-only really doesn’t save you much monthly unless you have a very large loan amount.

Even though the rate is good is the property right for your investment strategy and portfolio to move you closer to your goal?  

What’s the going rate, what should I charge?

According to my calculations, using Brooklyn's property tax rate of 0.78%, the tax should be around $354 per month based on taxable value of the property, not the $716 estimated by the agent.

You could grab something in the midwest, but that's a rough tenant pool and properties don't appreciate at the same rate as they do in the west. 

Qualifications typically center around whether the monthly rental income can at least break even (1.00 DSCR) with the monthly PITI.We would simply need to know the following information to determine eligibility, interest rate, and loan terms for DSCR financing:o Purchase or Refinanceo Property Addresso Monthly Rental incomeo Annual Taxeso Annual Insuranceo Estimated Credit ScoreThe documentation is relatively light as well, compared to a conventional loan underwritten to your personal income/taxes/debts.▪ Entity documents ▪ 2 months of bank statements ▪ Photo ID ▪ Lease agreement (refinance) ▪ Sales contract (purchase)

If business, ordinary rates + self-employment tax.