Your costs can probably be deducted.

I got a 3% mortgage, and closing costs covered.

Most of the lenders I’ve had contact with have the 25% DP requirement, high rates, and high closing costs 

Are you trying to cost seg properties?

It is all about if it will helps the sale, in price or time it will sit on the market  which it ultimately comes down to money because of holding costs. 

Where did you underestimate costs?

Unfortunately, I did not verify the information provided by my agent regarding HOA restrictions and home insurance costs.

I'm pretty sure that the cost to get this done is not cheap!

Depending on location they can cost a lot to replace but when you factor in what you save from paying sewer bills it’s cheaper in long run.It would not stop me from buying a house

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620, many blemishes, but should have no evictions in last 2 years.