The most correct term is probably "monthly liability" not "debt," but for the purposes of calculating DTI it's identical.

I'm looking at buying a tax lien on a commercial property that has a lot of old equipment and old materials in the building.

Pretty much full for September and October with nearly identical revenue as last year.

Keep in mind there are other factors that Influence your property tax bill such as the equalization factor, tax rate, and Property tax class. getting these projections from a tax consultant will equip you for success and better protect Investor's capital.

I’ve pulled money out to start a gym, to remodel my kitchen and to by another property and guess what my bank went the extra mile and had a customer who sold gym equipment and I ended up saving thousands of dollars just because I answered honestly.

The more you learn, the better equipped you will be to close a deal when it comes your way.

Assuming CAP rate is identical and neither properties require any renovations. 

Section 304.5 of the Uniform Mechanical Code states, “Fuel-burning equipment shall not be installed in a closet, bathroom, or a room readily usable as a bedroom, or in a room, compartment or alcove opening directly into any of these.”

The install, with the right equipment goes quickly.

Phillip Dwyer -I just realized that what I wrote above may not have been very clear...let me try again:Imagine I have three nearly identical houses that I'm rehabbing in the same small subdivision.