I do the front end of purchase and sales.You have different levels of property management.On the large end you have specialty turnaround groups that have teams of people (consultants) for shopping centers and multifamily,hotels,etc.Their job is to do a forensic analysis and to try to squeeze every last cent out of the property.Property management is highly litigous and usually the owner and the tenant want to blame the broker and then the broker has to clear their name.Pay out is low and time consumption is high.If rent on a SFR home is 600 a month and to manage that property you are getting 60 bucks a month so 720 a year isn't squat.Most of those property managers are working for a company and do not get all that money anyways.So if managing a property gets you say half of the 720 which is 360 a year and you put in 5 hours a month.360 divided by 60 hours in a year equals 6 bucks and hour gross before taxes and other expenses!!

For DTI, just add in the car, student loan, etc, payments, and divide by income. 

IMO most important high level metrics (without getting into the weeds/complication of projecting demographic shifts, etc etc) are pretty straightforward: 1) Payback period (actual cash in in upon refi within ~6 mo or so, if a value add investment, divided by stabilized cash flow. or if not value add, then down payment divided by cash flow).

Hi Mike, if you are going to do rehabs I suggest dividing your cash into several down payments and then stage up sequential rehabs.

For me, I weigh likely electrical cost with and without solar and of course consider solar cost, divided by time and compare the math.

Who gets to decide to sell and under what circumstances and how proceeds are to be divided. 

So I would essentially be dividing my money between working with the developer and working with the flipper. #3: the third option I had in mind was to invest $60k with the developer talked about in #1 and $50k used to buy a turnkey duplex in the Midwest that will cash flow $450-$500/mo. 

The simplest way of course is that the home will be sold and the proceeds divided in equal shares.

Larger personal limits create stronger profilesAuto- Technically this is also installment but i usually suggest my clients have a car loan or lease for 1-2 years before paying it off so this can build your profile.Other than mortgage, these are the categories your credit history get divided into when we pull a credit reportHope this helps.

Turns out it is an 8 acre parcel (can’t be divided) and 15 - 1/2 acre lots can build on or place mobile homes I sold the 8 acre lot for what I paid for the entire 16 acres Suggestions what to do with the remaining 15 lots?