I have 2 cars that we are trying to exclude the payment from for dti ratios.One was owned at $852 monthly payment (this was refinanced to remove borrower from the loan)this one is giving me a problem because they are asking for payoff but honda is saying they take up to 10 days to be able to send it.Any guidance on a way to get this closed sooner would be great, seller is on a tight timeline.Second one is a lease that we have had approval to terminate (for $2600 fee) and then that one would be excluded.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

I currently live at home for free, and therefore fortunately do not have any significant monthly expenses.

At Jake & Gino, I say we are creating multifamily entrepreneurs!

And it seems like I have to decide which KC plan to purchase before I can look at the documents that are available.Does anyone have suggestions on additional documents that are a "must" for my situation?

@Jacob Beg Some pitfalls are the amount of work it took to be thorough (it was like having another full-time job at points), and potentially missing things that a public adjuster would catch.

The small companies may be better at working within your budget. 

Like should I start at the roof and go down, or start under the house and go up?

At some point I'll take over those two as well and then for sure it'll make sense to use the LLC to manage them.

You also should have dealt with the security deposit which belonged to BOTH of them at the time.