You don't need to, especially on deals that just make sense, but it's a good inclusion if you already have your underwriting model in Excel or gSheets because you can use all those variables, once filled out, to auto-populate various Sensitivity/Stability Analysis charts.Here's what I have for Multifamily/Rentals (all auto-populated from the model):On Fix & Flips, I only include the ARV Stability/Sensitivity Chart (this is the entire model, stability analysis at the bottom):Since having these built out, it's something I mostly just glance at after underwriting to make sure everything looks good.

Hello,I have a few rentals and need some input. 

We bought ourselves a furnished house with a giant pool, and also opened up a Short Term Rental.  

I own a rental property in Cherry Hill, NJ.

Investment Info:
Single-family residence buy & hold investment.

Purchase price: $110,000

Cash invested: $1,369

Acquired this deal from another agent, off-market. I asked for a $5,000 concession...

@Yu Xiao, using that property as a short term rental during the time you own it will open up some additional tax saving potential as will doing a cost segregation study to take advantage of some accelerated depreciation.  

- Are there areas that would work well as a mid-term or short-term rental in addition to long-term?

The combo of the current rate environment, the current prices of most properties, and the current rental market makes cashflow much more difficult these days that it was a couple years ago.

-The state just passed a law this year that no municipality can regulate fees or charges for rental properties-The state passed a law that any type of rent control in the state is not allowed. 

My wife and I bought our first house 4 years ago using the VA loan and I’d specifically like to learn how to finance a rental property using little or no money of my own.