Additionally, I will add:-I don't think 38% expense ratio is being conservative, being at 50% is conservative and some buildings exceed this-bank won't even lend on a deal with a DSCR that low, you need to underwrite to at least a 1.25 or the deal won't get done-figure out what financing vehicle you're using, agency debt (Freddie) is possible at a lower LTV and interest rate but comes with requirements, community bank is tougher to get 30 year am on-I see nothing about exit assumptions, you might have to refi/sell after 5 years with higher interest rates and a softer market...then what?

Thank you for your time and knowledge. 

@Denise Evans  - You are so full of knowledge. 

I know the site has the calculators for us to use, but I want to learn the how and why behind the various categories so that I have the knowledge of what to look for myself. 

As out of state investors, we would like to connect seasoned/local experts and would like to meet up in person soon so we have a strong team that we can rely on their local knowledge and wisdom. 

Question for all the savvy investors with a little tax knowledge as well.I have been looking to make the switch from my current investment portfolio into index funds. 

Great knowledge. 

Education, knowledge, and living in Las Vegas are the keys to this market.

@adam Martinez, adam, Title company have very little knowledge into wholesaling.

@Devonte Calloway You can read and network all you want, knowledge is a key point.