During all those years he had a lot of expenses, but no income on that deal....and those kinds of deals usually evaluate several sites, and it could have just as easily disappeared.Residential....I would argue that there is always a market. 

Does it refer to the gross income alone, or does it include additional components like cleaning fees?

While we do appreciate the steady income from mid-term guests (which is a real plus in these economic times), we're trying to strike a sweet spot between our short-term and mid-term rental approaches. 

NINJA, which was short for no income, job, or asset verification, ensured that everyone was able to get high with increased supply continuously coming on the market.We barely noticed any change in the weather.

Or, am I gonna have to tough it out longer until I'm generating monthly income?

.- Interest income is just that- Expenses in the tax year are prescribed as above.

I am the builder and self employed, therefore no Additional DTI from my income because I’ve been self employed less than 2 years.

My recommendation is to choose cities in safe and economically diversified areas with above-average income and population growth.

Meaning at what point do you hire employees, quit other income streams etc… Is the money coming through cash flow from rental properties or buying and selling… I am 21 and just starting out and this of course is the plan for the next 5-10 years but I want to plan ahead. 

Income/cost analysis.