It obviously varies quite a bit by how much you paid for the place.2. 

Your DTI for a mortgage is based on the mortgage payment.

I'm not an expert but based on my personal knowledge. 

Does this vary between force of sale provinces like Ontario and judicial foreclosure provinces like Quebec and BC?

Also, have a plan in place for handling noise complaints or other disputes that may arise among tenants.Lastly, make sure to familiarize yourself with local rental laws and regulations, as they may vary when renting to college students.

However, based on our conversation, this strategy might unnecessarily complicate things.As a 1099 contractor, can I deduct all upfront expenses for the STR upgrade, as I did with my San Diego property?

The rules vary locally. 

Based off comparisons in the neighborhood, the house should be worth anywhere between $175,000 and $215,000.

Hey Everyone ,Am new to real estate wholesaling and i want to start in Nashville TN and am based in Egypt and I want to wholesale virtually in the US .

Calculating the depreciation base, typically guided by a CPA, is the primary complexity.Except figuring out the depreciation base to use (what amount from the total acquisition cost goes for land and can’t be depreciated, and how much goes for the building/improvements to be used in the segregation and depreciation calculations, and even that should be an easy answer to figure out or get from your CPA), the rest is simple stuff your CPA will not know anyway (thus him sending you the “survey”) like, the sqft of the house, the length of the fence and if wood/iron/brick, how many ceiling fans in the house, how many cars garage, if carpet or tile in what room, etc.