Future months would be the main concern for me. 

My main question I have is, how can you tell if the market you want to buy in tends to rent well for SFH (single family homes)? 

While it may be conservative, having a big cushion of available capital has allowed me to get through many sticky situations that were not foreseen going in (main stack and sewer lines being the most common). 

On my end I’m showing a 2.01% cash on cash return with $105 monthly cashflow with as is rents. taxes being 5900/yr repairs & maintenance 8% cap ex8% vacancy 5% management 8% My main concern is that when I do wish to cashout refinance (6-12months into the deal) with a traditional bank to pull my money out of the deal along with get a lower interest rate, the 5% prepayment fee will bite into my profits a bit too much

@Imani Porter-Clinton Hello Imani, I'm a beginning investor out here in Charlotte as well I live here though. from my experience so far there's opportunities in Charlotte but you have to really generate good leads. that's probably the main thing I struggle with right now.

I know my main man @Sterling White invests heavily in indy and would probably be an awesome connect.keyword: Indianapolis indiana - just so it pops up on keywords for local indy investors.

There is more to this calculation and other moving components which you can speak to your CPA about.

-- Look the main point is to get the loan and stop worrying about the rate as much.

30 year investment rates are closer to the 4% range, and I would imagine private money is going to be more than 4.5%.Main benefit of private money is to avoid jumping through the hoops and red tape conventional financing can bring.

We got a lot of feedback saying buyer wants 1/2 bath on main floor, not basement, even though we tried to be as open as possible.