I then need to factor in asking cap rates as they relate to my 1.25 DSCR, 75% LTV and annual debt service of $95,016.  

I have an opportunity to purchase a piece of property for $2 million and has a cap rate of 9.5%.

I had a favourite going in to this analysis but after doing this, I actually went with something that was not my favourite because it was frankly better for my business.Personally I settled on Buildium as it has a robust feature set, has a strong and very active roadmap (after acquisition by Real Page) and is Canadian friendly (for the most part).

Other perks include the ability to vest title in a LLC (if desired), the fact that there are no caps on the number of rentals owned, and the fact that these loans servicing companies don't report to the credit bureaus.  

Another feature of the new forums?

Very few homes go on sale in this area and this is a very unique listing for anything of this quality/design features.

For example, if you are looking to connect with other members near you, want to learn from people in a specific area you’d like to invest in, or have a desire to find people interested in certain topics, you could use the search feature here: https://www.biggerpockets.com/search/usersI really like the alerts feature that can quickly guide you to current topics that may be of interest: http://www.biggerpockets.com/alerts

Yes, we have had a legacy Tenant for the last 15 years in a property on HUD they paid only 850 a month after all these years we were capped at only a 3% annual increase.

Although this is great for pulling out equity, remember you are still capped.

If it looks nice, but the boiler and hot water heater and anything else in the basement (electrical, plumbing) are old, you will still have unexpected cap ex on a "new" renovation.