I have not ruled out NH as well.

Some tips on evaluating deals: The 50% Rule: How to Quickly Analyze a Multifamily Investment Property Make sure the properties you buy are solid, cashflowing deals!

When I apply an honest 50% rule, the monthly NOI on 3 doors is $188 ($62 each) and it would take 92 months to recover my cash.

Some tips on evaluating deals: The 50% Rule: How to Quickly Analyze a Multifamily Investment Property If you plan on buying in the near future, make sure you credit score is high and debt to income ratio (DTI) is low!

Why fudge the numbers when you look for deals that DO meet the 70% rule?

Some tips on evaluating deals: The 50% Rule: How to Quickly Analyze a Multifamily Investment Property

Very frustrating as using their own rules regarding the program the rent more than covered any loan balance I would of had so it should of been a no brainier to approve.

You would need to find a private investor to buy the shares and convince him of the value that you place on them.Still not sure how this arrangement gets around the prohibited transactions rules of IRAs.

Well clearly an attorney is going to put every clause, rule and regulation as possible in a contract to protect his client.

Apparently there is a rule that if you own more than 1 rental dwelling in the same building, the tax rate is classified as commercial as opposed to residential.