Also subtract a vacancy factor and an allowance for bad debt, rent concessions, property management fees, advertising, and turnover costs and see if the number is more reasonable.

Depends on 100 other factors including how well they qualify on other terms, like, for example INCOME!. 

I'm advocating for accessory dwelling units in my town. I thought this was the hard part--getting ADUs legalized--but it turns out, financing will be my biggest challenge! Has anyone actually done a Homestyle loan to ...

On another note, you do realize any house left unattended for lengthy periods will expose you to a multitude of problems, for example:Mold, rodents, insect infestation is almost certainCarpetbaggers, homeless, and or drug addicts may become a problem that could ultimately be your responsibilityWhat is the city ordinance?

Another question...If I do a value add like a rental box truck will that be factored into my property evaluation?

I think there are 2 factors in place. 1) There is a lot of money in the system and 2) Higher mortgage rates will price many people out of the market.

I would take your estimated return on any investment and multiply it by a risk factor two calculate your ROI from real estate.

Federal loan interest rates currently sit at 3.73%, roughly the same rate as a 30-year mortgage, but is 0% until May 2022.Some factors I've considered that make this taking this $4,000 attractive:- I may be able to obtain lower interest rates with a larger down payment, offsetting student debt interest- Avoiding PMI by making a down payment over 20%- Booming housing market in my city with consistently increasing equity- Living several years in the home leaving time to grow equity, potentially making much more than I owe in student debt While all this may be legal, my biggest question is this - does this sound like a smart investment strategy?

I'm just curious how to factor raises in that/potential missing winter seasonal stuff in.

Otherwise you as the landlord are exposed to liabilities you do not want.Cheers,Buddy