Two big expenses that really factor into decision making.

But how do I factor in the potential of adding units?

To me, that tells me it's a "guess" based on "fudge factors" which are based on "nothing" because of the lack of actual facts within the "fudge factors", and lack of any true analysis within the "rule".Third, if the rule has no real basis of facts, or analysis, and is not really a rule in the first place (or the 2nd place, in my order), then I'd say the 70% Rule is about 0% realistic...give or take 70%.

I am a web developer living in San Diego, California area and have a long time interest in real estate, but have not jumped in as of yet.

There's a different risk factor for those.Overall, I do feel like the highly experienced investors are underserved by lenders right now and that there isn't really a good product out there for them. 

I really appreciate the input, makes me think deeply about other factors in the deal. 

There has been quite a bit of investor activity across from the Expo center, and there are plans for a massive mixed-use development there.

That factors in no budgeting for capital expenditures. 

My understanding is that the 514(c)(9) exemption for UBIT for debt-financed property in a 401k depends on a few factors including that the non-recourse loan made to the 401k is not a participating loan.

If your ever looking to get a business line of credit one of the key factors is the age of the business and it’s balance sheet and P&LIf your business was profitable then absolutely keep it and just change the designation.