If you are noticing that many investors are buying much higher than what you get using the formula, you will have to adjust it. 

But once you get started, do not let set backs deter you from your goal.Good luck. 

Chase set it up with the Federal tax ID bus would not allow me to sign as president.

And make adjustments for unique features and amenities by adding and subtracting.

People that enjoy their jobs are about 1% of the population, the smart ones out of the other 99% understand it's real purpose.You need an attitude adjustment if you want to be wealthy.

A year later, we converted the property to a duplex (we needed a minor variance from the Committee of Adjustment, got refused, and I successfully appealed to the OMB).The reno to convert to a duplex legally was $50,000.

In addition the bank could take forever to get an acceptance and the interest rates might have changed by then affecting the price you can pay etc.It helps waiting sometimes if market value is rising and you have a set price but if the market is going flat and interest rates rise or market prices go down it can be a negative.No legal advice. 

I'm adjusting those late payments today.

After you set one up you can rollover your previous employer 401k into this newly setup account.

I'm looking at purchasing a 2 family home and the biggest set back is the fact there is 1 boiler for the whole home.