I did hit up my loan specialist from the original loan and she will have something for me tomorrow morning.

You might also factor timeline into this equation.Keep in mind that you aren't wrong about multiple doors under one roof, however, many other people have the same feeling you do, so that commodity in the market might be hot.

*Another KEY factor that a lot of people (including myself until I actually did a bunch of deals) overlook is rental supply/demand in a market.

And this factors into an IRS safe harbor. 

Looking to get some clarity on this matter -- a lot of people on BP suggests a percentage method, which I think can be a miscalculation for cheaper and older SFHs because a lot of capex is fixed, but rental income, size of house, vintage of house, type of neighorhood factors into the calculation.

This may play a factor in the strategy on how to handle this situation.It doesn’t seem like there would be reasonable time for the seller to make a proper repair before closing, so best approach would be to request a seller credit.

I would have never guessed that would be a factor.

Imagine if I decided to commit an entire morning in a specific neighborhood! 

Cash flow for lower-tier props can look amazing on paper, but there are a lot of other factors that make real-world returns less impressive.

Good morning BP,My wife and I are newbie investors here in the Buffalo, NY area and looking for referrals for a good Real Estate Attorney - preferably local.