Or are you putting in your personal name and using your income to cover it and getting a mortgage through Fannie/Freddie. 

@Colin DavisGenerally, there is a per meeting payment to cover the costs of renting out the space and/or booking guest speakers.

In the class, the instructor reads little from the book, and covered the real important points while giving more time to scenario examples.

One unit is section 8 occupied, with the government portion enough to cover PITI & management fee.

We cover the central heat, but will only heat the house to about 65.

These guys are perfect for me because I have no experience, my credit is not awesome and all of my answers to their motivational questions were “Absolutely.”We really hit it off.Again, no credit check and no experience, and I was approved for $250,000 per deal (which would cover purchase price, closing costs, rehab, the whole deal) and a total of $750,000 in order to have 3 deals going at one time.They were very excited to let me know that, and I soaked it up.

That will not cover a full month vacancy. 

You need commercial insurance to be covered.

May be save him 3% because you don't have an agent but listing agent commission is covered by agent listing agreement whether he brings the client or someone does. 

Here are the details45+ year old housenew a/c (6 years ago)New roof (last year)New electrical panel (6 years ago)New plumbing (this year) mostly new appliances (oven is old)New floors in about 60% of the houseThe numbers:Currently on a 30 year loan with 3.8% int.monthly payment is $1250Avg rent Comps are $1600 to $1800If I apply the 50% rule then it does not work, but taking into consideration that the main money drivers have been addressed would I still be in good shape if make the decision to not set aside as much for the expenses. does this make sense?