His CPA has convinced him going forward everything needs to be calculated based on K-1 tax capital accounts for ownership. 

Is infinite COCcan y’all make sure I’m not missing something *This link comes directly from our calculators, based on information input by the member who posted.

My question is based on the following:lets say you put down 20% on 300K property which is 60k (plus closing costs ) and you are breaking even with you mortgage + other expenses(taxes ,management fees,...) included.

Within the City, I like Eastwood (13206) and Tipperary Hill (13204) and have found a good tenant base with about 30 properties in those areas.

Firstly, in terms of breaking down the asking price, it would be reasonable to split it based on the ratio of the number of bedrooms and bathrooms in each house.

Excited to be a part of this community and learning from the large knowledgeable base on this platform.

Based on your comments or fears about tenants one of the options that you should eliminate is renting then self managing. 

I am based in Miami, FL.

I’m still on the fence about selling it but based on my experience sometimes it’s good to sell right after a record breaking comp in your neighborhood sells.

local banks are the way to go with the small ones. it will be based of the dscr of the property but also you DTI.