@Manuel Savorelli  I wrote that e book for foreign investors who were having a hard time with figuring out where the good markets were and what to look out for in the US.Glad you found it useful....

I don’t see a contractors license on file with any of their trade names in DPOR either, although they promote being able to handle large contracting jobs. 

Too much is on the Personal side, Schedule A and creates the DTI ratio - - yes by all means manage that.The income property on Schedule E is a wash (debt is covered by receipts), carries net income back to the 1040, but does not contribute to the DTI - -So use as much OPM as you can get to preserve cash.

Quote from @Bob E.: Detroit and much of the Midwest tend to be cyclical.  

[EDITED BY ADMIN - PROMOTING ILLEGAL ACTIVITY WILL NOT BE TOLERATED ON OUR FORUM]

If you e-mail or PM me his full name; date of birth, and city, I'll see if I can find it for you.

@Andrew SchultzThe way that I do it is to use the categories that are on the IRS form Schedule E, which is for rentals.

Joe, interested in some more info on your post.Thanks,E.

But if you have a rental property you can do the same thing on your schedule E if you do a cash out refinance. 

@Andrew Postell ok, but if you don't cash flow, you schedule E doesn't look too sexy to lenders when looking to borrow for your next deal?