That is a good rule and has you on the right path.Cons- I would like to see vacancy at a 10% vs 8% but that doesn't seem like it would affect your numbers too much.

If I needed to improve my hitting I would be visiting the batting cages.

You need to do some digging if the city plans on improving infrastructure and growing..

As interest rates rise and property values decline, my advice would be to season a LLC or a few to DnB Paydex scores of 80, build two 800 FICO scores and study how to pay zero income taxes (incl. studying WA business taxes vs. no state income tax rules).

When running the 50% Rule, after you subtract your debt service how much CASHFLOW would you shoot for per door?

Only exception to that rule is if the property is in one of the college districts or edison district etc., or downtown which unless you have $50mm your not touching. 

If it is negative cash flow and no good prospect of improving, why keep it?

My lease states that there is an extra $150/month for persons found to be living in the property that are not on the lease.Your PM should know the laws and rules for your area.

I'm a residential appraiser and in my market the general rule of thumb is a bedroom has to be greater than 100 square feet, has at least one window and closet, and isn't located directly off the kitchen.

Hi BP,I have been reading about this 70% rule for house flipping.