Also keep in mind that any debt pay down, as you pont out, is not positive or income until you sell and there are zero guarantees that you will ever see that money.

The main issue with SFRs compared to multifamily is scalability.

(Master or Doctorate) Because at this point you gain more income but you now gain debt.

In order to get the VA loan, I will still need the income side of the debt to income ratio.

As for over-leveraging, so long as you retain around 30%+ equity in properties whose rent more than covers all expenses (including up to 70% LTV), would you really (need to) worry about that level of debt?

“If I have any interest in this property I am signing them over to you”..... along with any liens, debts, problems and I’m not guaranteeing you anything.

It would just be an insurmountable task to go out and find every single code violation existing in any given jurisdiction and that is the main reason code violations exist seemingly everywhere.

I chose what i thought would be a conservative number for 2 main reasons: there are only a few exterior pictures in the listing, which led me to be believe the inside may need work and that the landlord is not on good terms with his/her tenants.

If a detatched ADU is built in the backyard, it would need to have a new 100 Amp electrical subpanel right from the main electrical meter installed by the utility company.

Are you between bryden and broad or near south of main?