They'll also change they rules because they don't want to mess with, count, hold on to, $1,000,000 in cash, so they'll switch it to cashiers checks. 

Unfortunately, there are too man posts and moderators can't catch all of them.If you see something that you believe violates the rules, type "@moderators" and we will take a look at it.

@Jasmine VidaIt's hard to say, there is no hard and fast rule.

Just sent several clients today some in $125-$150K range, but they pretty rough, but rented at 1% rule and not in the best areas. 

Also there are rules with past due notices etc. as well as it relates to this.If you were to damage someone's credit and then find out you were not compliant, you could open yourself to a lengthy and very costly legal battle. 

I've tried to be conservative in my assumptions and based on the best available comps have valued the properties using the 1% rule for this analysis.

The rules and laws enacted come in three basic varieties, individual states  have enacted 1, 2 ,3 or none of the following.1.

The great thing is you get to set your own rules and experiment until you find that sweet spot for you. 

I think  a good rule of thumb is LTR is 1x rent, MTR is 1.5-2x rent, and STR is 3x rent. 

Once ignored my own rule and, well, let's just say my accountant wasn't thrilled.Have a Clear Exit Strategy: Knowing whether you want to flip, rent, or hold onto the property helps steer your decisions.