Fixed everything and blew our budget carry/rehab costs were $146K and the project took 10 months.

I am having trouble calculating the carry cost during the rehab process.

I cannot comment on other municipalities specifically.I would say if you believe your own municipality MAY opt in then the next thing to do is into the exempt building class, such as buildings under 4 units, etc.I'm somewhat sure that if NYC has exemptions then these exemptions gets carried forward into the new bill.In my case, my properties were exempt before the bill and that carries forward for the most part.

If you're a blue-collar worker making $50,000 and carrying $20,000 in debt on cars and credit cards, a $7,000 roof can be devastating.It also depends on the number of units.

Carry on.

@Derek AckermanI am sort of in your position at this point, it is difficult carrying out family duties while working full time.

I think 3 older single wides are included, and one fifth wheel/travel owned by the park, all 4 are rented, and at least ten of the RV spots are rented/full.Price would be $350,000 for everything, and seller wants to owner carry.

@Mehgan MooreAlso, from one perspective, paid off properties carry a higher risk than one with a large mortgage on it.

Should we carry the title, so if the buyer defaults we keep the trailer? 

That's not a guideline, it's just a product of the math specified in the guidelines.Once your net rental casfhlow is 2.5x your personal housing expense + all consumer debts, you can carry on getting Fannie loans without any other source of income.