I guess the other factor is how backe dup the courts may be.

:)So, yes, hourly wage is a factor for me, but I like to focus on decreasing my time investment in order to increase that hourly wage.

Here are the numbersGross rents - 13200/month 158,400 /yrOperating costs avg range-82-88k /yr Net - roughly 67-75k factoring in 2% -5% vacancy rangeThe mortgage is at 200k at 2% over 10 years so about 24k a year bringing my net down to 43-51kThe building is in MA and I'm currently living in Texas- I'm managing remotely using people for books, repairs and rentals (my net factors in their pay).

I struggled through Mech Eng with a minor in EE.Then ended up in drive control automation & traveled the world on contract jobs.But that minor in EE saved me a lot of $$$ when renovating homes esp splitting the services for myself & others.If you're serious about RE investment an engineering background will save you a fortune & give you valuable insight into structural re-design (assuming you take some design courses) when you blow out the walls etc of an older home or add a room above an attached garage etc.It's a great discipline & you will never regret finishing.

Some know how to do the construction well, but have no flair for layout, design, color, staging, or for getting the house sold.

I don't yet have the ability to flip (poor at estimating renovation costs, not particularly good at design), but I can keep looking until I find a suitable bargain that I can rent out.

Hi,Does anyone know how lenders factor in S-Corp loss for DTI ratio calculation?

Once all of the stipulations have been cleared, the loan is designated "Clear to Close".

Their department isn’t designed to sell notes; you would have much better luck doing a short sale in that scenario.

The main factors in deciding to use them are cost and the condition of existing stairs.At about $100/stair installed, the initial cost is about eight times that of carpet.