Have you verified that the expenses are accurate and the taxes and insurance are what you would pay based on your purchase price?

There's also a decent reason I could verify, 1.5mo deposit, the unit is being kept in good condition, and rents are at the upper end of the market.

I called the church and they verified this (I know this isn't the most concrete way to verify).

I just list that we will income verify and do screening to weed out people who think you won't check.(4) Wording your ads on Craigslist.

Verify they're legal in your area.

Don't assume a penny less unless you have the prior owners tax returns and do full due diligence to verify income and expenses.$4400 X50% =2200Mo - $2748 financing cost = $548 negative cash flow a month.Your vacancy rate is low, you haven't included management, tenant placement costs, turnover costs, Accounting, licenses, common utilities.

Research for yourself, get information direct from the source, and then verify what you have heard by consulting with licensed professionals independent of a plan provider.

Value is based on tax assessed value and verified by independently certified valuation; or full appraisal; member pays cost for appraisal.

Don't trust their numbers, verify everything.

. ---------- We look at verifiable income (gross) and income equivalents (such as housing subsidies, utility subsidies, food stamps, etc.) for meeting our 3x rent requirement.