The 10% rate is legit; they just take 10% off the top and send you the rest of the income at the end of the month.  

Even if we were to return 200K, that's still a 15% annualized return, which seems to make pretty good sense to us.Aside from the obvious delays in materials/construction, any feedback?

We have good steady W2 income and great credit scores.

If your tenant is on fixed income, it may be difficult to raise rents to keep up with the market.

I think the interest rate is nice in this market but the return on your money annualized looks low, I am just curious what I am missing.

Looks like the market is growing there and has decent rental income.

At the end of the year, I also usually get an annual statement summarizing all of the fees by category for my taxes. 

All of the quotes are including rental income replacement.

Here are some tips to help you find and distinguish cash-flowing properties beyond the 1% rule:To evaluate a property's income potential, consider alternative metrics like the 1% rule, cap rate, cash-on-cash return, and gross rent multiplier (GRM).

Hi, if my wife becomes a real estate agent in New York (we live in NY) and we buy properties in other states such as Florida or Georgia, can we use segregated deductions on houses we buy outside of New York in order to pay less income taxes from my earnings?