HI Gloria,- yes 75% of gross - PITIA can be used when no tax returns exist like many have said above, however there are ways to "elect," to use this method of calculation even if  income/expense data is showing on the tax return.

Appliances included with the RentalMonth to MonthDirect DepositLate FeesPet FeesUtilitiesAssignment and SublettingNo SmokingMaintenanceEntry By LandlordExtended Absence By TenantTermination on Sale of PremisesLease Termination Provision for Military PersonnelTenant Assumes Responsibility for MaintenanceBattery Operated Device(s)FiltersSteam Cleaning CarpetsProfessional CleaningLandscapingHOAKeys, Garages/GatesDamagesRenter’s InsuranceBreak Lease Option (Buy Out)AlterationsPest ControlHome BusinessesAttic StorageRenting Site UnseenAppliance MaintenanceFees/ViolationsDuct CleaningPlumbingChanging LocksPlay Structures, Trampoline, Pools and Other Large Outdoor EquipmentRoommateAs-Is ApplianceGood Luck you are doing great.

In fact, don’t worry about moving anything or cleaning the place up.

Save money, create your team and figure out what method and where you are going to invest.

Well, I'm going to be trying a similar method, but without and holds instead.

Perhaps you have a different method of calculating cash flow. 

I would clean out the junk in the pole shed, clean the interior, repaint a neutral color, replace carpet and other light rehab tasks.

I've found it to be an excellent method for building a client base.

Take advantage of long term investment benefits - stomach the dips/rises & retire by 60, have a maid do my laundry/clean my house/cook my food, live in an area with nice weather, workout every day, ride motorcycles, drive sports cars, do track days, visit Vegas whenever I want.I plan to do this with income properties - buy a duplex, 3-4 unit, and into the bigger (15-20 unit) closer to retirement.Long Beach investors - hit me up!

It's great to hear what successful investors have done and their different methods.