Good morning BP crew,I’m a local investor here in Binghamton NY.

He would be a good connection for you.

Does anyone have a rule of thumb for how much cashflow one should be getting for every million dollars of debt on real estate?

Chase used to have good card offers for this. 

When you list it for rent you can make a decision if you get who you think would be a good tenant either way.

As The Richest Man in Babylon states:"To attract good luck to oneself, it is necessary to take advantage of opportunities."

Yes, it can feel like "wasted" money on months where rent is auto-paid and there is no maintenance to be done, but when you get a bad tenant or two or when deferred maintenance finally catches up to you, they certainly earn their keep.At your scale, you might be able to get a bulk discount with a good PM, especially if you can show how well your current systems are working and how they'd be needed less than usual.

I am not familiar with amending in Turbotax, but one thing to note is on the timeline for filing amends (you have some time still, but also good to be aware): Generally, to claim a refund, you must file an amended return within 3 years after the date you filed your original return or 2 years after the date you paid the tax, whichever is later. 

Over the past couple of months, I drove all around the city to see firsthand how good the deals really were, and here is what I learned:Toledo has a LOT of investment property deals.

While it looks all good, I would be curious to see if an attorney would view this as mortgage fraud.On a sidenote: I will get up on my hill and say we see so many instances where someone cannot afford a property but think by the graces of their believer they can save it.