Then you tell the seller that you know a great handyman service.

Then you tell the seller that you know a great handyman service.

The formula(s) would look like:Potential Gross Income (PGI)  = full rents + any other income at 100% occupancyminus Vacancy & Collection Losses (8-10%) is typically usedequals your Effective Gross Income (EGI)Then you subtract your operating expenses (taxes, insurance, management & legal fees, repairs, utilities, lawn service, pest control, etc., and a reserve for capex) to get your Net Operating Income (NOI)From your calculated NOI, you can really start digging deep:Subtract your debt service from your NOI to get your cash flowDivide your NOI by the acquisition cost to get your cap rateTake your NOI, add the reserve for capex back in, then subtract your mortgage interest, to get your taxable incomeDivide your NOI by your debt service to get your debt coverage ratio (tells you how many times will your NOI will cover your debt/mortgage payment).

Currently I am a implementation consultant and project manager in the financial services industry and I am looking to start getting into real estate and build it into a full time business.

We're fine with the 2 service dogs but the prospective tenant has stated that the family is eligible for 2 more service dogs, 4 dogs total.

This places the property 'in service' as a rental unit.

I encounter many whose clients I feel sorry for, and some who make me wonder how they find their way home at night.Like any service-based business, a very small percentage of agents truly excel at what they do.

I see services that allow the tenant to deposit cash at a local Walmart, but everyone of these services is a separate product that I would have to license or enroll in. 

Louis (and there could be others I haven't seen) that also offers renovation services.

They may lose their housing assistance this way and then they would have to move.If you see any possible evidence of child abuse then call child protective services too.