There are however several other factors to consider including the area, condition, and potential appreciation although this should not be heavily weighted.

It's possible that they could be much higher, depending on where the money is coming from and other factors.

Cal@Darrell Shepherd you are right, I need to factor in vacant, repairs, management, but they are SFRs so tenants are paying for water,power,trash,gas, etc.

., houses in your neighborhood sell for $100 psf and yours is 2250 sq.ft, an appraiser might use $40/sq.ft. as an adjustment factor.

If they don't pay my mortgage/rent, then they should butt out.Are HOA's a factor, when looking at all MFH?

The property condition will also be a factor in the equation in whether or not you can borrow for the purchase?

You may have to register/license your business, it depends on a lot factors such as location, legal business structure, etc.

They should be basing the loan on the performance and condition of the building and your overall net worth may also be a factor.

I hesitate to mention how loans can be designed sometimes as I know we have a bunch of "thinkers" here that may jump on something thinking they will know how to DIY something, so I really suggest the use of a mortgage originator to ensure affordability and an attorney as to compliance!

I've been factoring in the expenses so far on all the properties I've examined online.