My main questions include how exactly to go about securing financing when you have poor credit/ no working capital.

Another general indication is where A+ commercial trades with regard to Capitalization Rate, somewhere around 5% +/-.

Seems to me the short term capital gains tax would eat up a large portion of your profits.

On top of increasing taxes and property management costs, I did not even factor in capital reserves.Brian Nguyen, better to never invest then to invest and lose your shirt.

That rule of thumb says expenses (stuff the IRS allows you to deduct in one year), capital (stuff that has to be depreciated over multiple years) and vacancy will amount to 50% of your gross scheduled market rent.

After making significant repairs and capital improvements, a number of other issues cropped up after the renter was in place.

I've factored in Taxes, Insurance, Cleaning, Snow/Lawn, Turn over.Your expenses are missing a few things: Maintenance, Vacancy, Capital Expenditures, Utilities During Vacancy, Legal/Accounting, etc.

You could potentially end up paying a massive 40% of your profits because of capital net gains.

I have both and the asphalt requires you to put away capital improvement funds, the gravel is yearly maintenance.

If not, I'm thinking I'll have to start considering flipping as a way to build up the capital to continue to add good cash flowing rentals (i.e. flip one, use the 20k towards the dp to add a rental that still cash flows $300 or more).