If you can save on the build to do a 4 bed vs a 5 bed and you’re only making $100 less per month, it may be worth doing a 4 bed (do your due diligence and run the math to know for sure).Also recognize the time it takes to build.

I recognize that in these calculations, I'm not considering the loan paydown, appreciation or tax savings. 

If you consistently analyze properties, it will be much easier to recognize a good deal when it shows up.

If you consistently analyze properties, it will be much easier to recognize a good deal when it shows up.

Have not heard of them, they were recognized by Freddie Mac, so you can research that - not saying that is a good or bad thing.

Tenants open up so they can get their money back if it doesn't work out.2-I get so much honest info on the application, I don't process it unless I think they have a chance to qualify.The fact that they have a chance to get their app money back makes them accept the $50 fee, as I recognize that it is on the high end.

I recognize that foreclosures will go up but we have a long run way to go up of additional inventory to hit the market before we would start to get close to 7-10 MOI.  

Rental-restricted subdivisions are always a gamble and eat into cash flow.

California does not recognize series LLCs.You also want to look at whether a pass-through entity helps your bottom line and your taxes.

I recognize that I don't mind getting paid the late fee for accepting rent a couple of days late, but I also value on time rent.