@Jorge Leon replacement costs are through the roof this year.

Nobody (including the NAHB) talks about this.Second, it’s become far more complicated to build new homes from a regulatory standpoint (takes longer, costs more).

What I question is the cleaning cost bringing your cost to 30% of the rental income...?

Rules for this loan product require that the property is rented no ore than 180 days per year or generally half the time.

There really isn't much yard and no grass for a landscaper, so would not need a landscape contract, but I was not anticipating the amount of maintenance for weeds and debris.

If your holdings are small (i.e. a couple of SFH), the cost of setup companies, annual filings, etc. may simply not be worth the cost.

I live on Long Island, so investing out of state would be easier point of entry in terms of cost 

Your equity position now and based on the ARVIf you don't have/keep enough (typically 25-30%) equity in the project, no lender is going to touch it.So, what are those numbers?

Coupled with Louisville’s vibrant cultural scene, which includes the Kentucky Derby, the Muhammad Ali Center, and a burgeoning culinary landscape, it’s no wonder the area continues to attract both new residents and tourists alike.Tax Advantages: A Game-Changer for BusinessesAs if these economic drivers weren’t enough, Kentucky has recently made a bold move by eliminating income tax.

So, you have to consider the range of outcomes, their cost, and their probability.