Banks appetite for these types of loans is limited now.

In my example on the duplex in Texas, I am paying down the loan with EXCESS cash flow from my tenants.  

We dont rent by the room but I think if we did we have an excessive use clause for water that i pont out on move in that I would still keep.

I didn't get mine until age 31 but then again I spent a couple years at grad school in my 20's and I also live in an area where the average house costs in excess of $600k so ownership is tough for a young, single earner (thank God I got married eventually!).

:D ...fee schedules vary from lender to lender (FHA is explicit on allowable fees, and I would need to know more about the project to determine excessiveness).

Any excess charges are a different story.

My base plan starts at $100 a month, and this includes 100 live operator minutes, with excess minutes billed at $0.95/min.

You still have management, maintenance, advertising, office supplies, legal fees, eviction expenses, utility expenses (at least during vacancies), damage done by tenants in excess of the security deposit, lawsuits, etc, etc, etc, in addition to the expenses Will listed.

Do you find that you run into problems with excessive maintenance due to the age of properties?

If the suspended losses are in excess of the total gain, the remaining suspended losses will then offset ordinary income.3.