GROSS Income x 45% >= Rent + Monthly Debt PaymentsSometimes people have enough income for rent, BUT they have outsized monthly debts (child support, large car payments, credit cards, etc).

OK here is my situation, I'm 26 years old with $90k I'm willing to start investing in real estate with, I have zero debt and near perfect credit history and not much liabilities in life at this point......no house, still single, no kids etc.

That being said never base your offer on the other guy.

A day before the redemption period was up, we paid the $1,123.34 tax debt and fees and bought the property from the seller for $500.

For example our bridge loan product is ok with your debt to income being to high at the time of purchase as long as the debt to income will be low enough to qualify once you rent (or sell) your current home. 

I have no personal debt other than my mortgage and car.

@Marcus Auerbach, there are plenty of lenders who use a DSCR 1 ratio and base the rents on actual rents or the rents on the appraiser market rent survey.

Im based in the UK - hope that is OK.I am primarily looking for info on deal calculation and also what I need to have inplace / ways / strategies to raise investment capital. 

Returns are heavily based on how levered you are. 20% down performs better than 30% down in terms of overall return.

So based on what you know, if a beginner were to snatch up several of these 10.5% TDs over time, and experienced typical losses for a beginner, what would their net be?