There's a good chance that the information from your consultant might not be entirely accurate.Secondly, and perhaps more importantly, the projection of 5,000 new homes over the next five years breaks down to only 1,000 homes annually.

This was the first property I found that would cash flow with a 30-year mortgage with 20% down.

I am trying to get a 5% down first home buyer conventional on a fourplex for my daughter to househack and lender I spoke with says that we need to calculate the debt for all the other properties I own and pay from businesses into DTI.Is it true?

In the interim year 1/2, I spent countless hours trying to track the contractor down to do the work.

There is no sense in hurrying to get a property to market heading into the slow/dead winter season. 

Are any conventioanl lenders allowing 10 percent down on rental properties that are not owner occupied?

Once you have managing it down and you've got some experience then you may want to consider making it section 8 eligible.I imagine you're going to get lots of responses telling you to avoid section 8 all together.

I don't get as bogged down with numbers as I probably should be in today's market.I look to buy quality properties (A/B class) in areas that are growing and likely to appreciate.

Thinking through the tax implications, how that changes each deals numbers, and how we'd structure those payments has my head spinning.  

Guess probably 550,000 for a tear down and new build depending on what's required and maybe a year of down time.