Below are the expenses I am carrying:Expenses:Property Taxes: $1,626 annually ($136/month)Insurance: $714 annually ($59/month)Maintenance and Repairs: $900 annually ($75/month)Capital Expenditures: $960 annually ($80/month)Utilities: $0Advertising/Administration: $300 annually ($26/month)Property Management Fee: 10% of gross income = $1,200 annually ($100/month)Tenant Placement Fee: 50% of first month's rent = $538 annually ($45/month)Turn Reserves (Cleaning): $500 annually ($42/month)BreakdownRental Income $1,075 - 7 % vacancy = $1,000/month ($11,997 annually)Expenses = $561/month ($6,737 annually)Expenses/Gross Income = 59 %For the record, when I called the County Assessor's office, they told me the assessed value is $81,300, and I would be paying 2 % as an investor (number is carried above). 

One issue I've heard of, but haven't experienced, is if the county recorders office isn't open to record the mortgage, then lenders won't close there.

It’s free and aggregates information from a handful of public record sources.

If you ever decide to look into syndication again, look for folks with a track record who have delivered quarterly returns on a consistent basis through several deals.  

Utilizing the forums, BP resources, online researching, as well as listening to the hundreds of recorded BiggerPockets podcasts.

Of the 4 that I had it narrowed down to, one of them said that they SHOULD still be able to do the loan, regardless of the zoning/use, it would just be appraised based on what is recorded with the county/title.

As a result, one of my units had a record-breaking early season, which should help me carry it through the rest of the year - hopefully keeping it break-even at least.

Its zoned AB2 which technically gives it the ability to operate as a business but it shows up in public record as a single family home.

"Separate books and records are maintained to reflect income and expenses for each rental real estate enterprise.""250 or more hours of rental services are performed annually with respect to the rental enterprise.

would we see record low interest rates for refinance and new loans?