Also, when converting the lower level to residential there may be possible issues that arise due to zoning and building safety.

However, my wife and I were expecting our third child, and we needed a spacious forever home.In addition to my debt, I aim to establish a safety net of six months' worth of rent, equivalent to my initial mortgage, to mitigate any potential risks.After running the numbers, I expect to have all my debt, excluding my house, paid off by 2027.

I am working to save a 5 figure amount to have as a safety net for my "Jump" into buying my first property.

I've heard mixed reviews about Detroit and many of our clients have come down from that market because Toledo tends to perform better from a safety and quality standpoint, with just as great of cash flow.

********************** NOTICEOFSEIZUREANDINTENDEDFORFEITURE PURSUANT TO HEALTH AND SAFETY CODE SECTIONS 11470 ETSEQ.TO ALL PERSONS: NOTICE IS HEREBY GIVEN THAT**********************NOTICE OF PUBLIC LIEN SALENOTICE IS HEREBY GIVEN by the********************** NOTICE OF PETITIONTO ADMINISTER ESTATE OF BEVERLY D.

Leave yourself plenty of margin of safety and you should do ok.

In summary, I am looking for a good cashflow % formula I can use to calculate if a properties cashflow gives me enough margin of safety + ROI in order to more properly calculate if the property is a dog or not

For safety and security reasons anyone over 18 we putOn our lease.

I've seen several borderline 1% deals but they are always razor thin right at that 1%. 

You are clearly at risk as to Health & Safety issues regarding other tenants.