I’m older and wiser now and doing the research and math to get back into it.

With that math in hand just call the median $35m, 100 small funds is in excess of $3B.

Are you sure your math is right?

I would certainly get a thorough inspection done and a quote on the roof so you know what you're dealing with there.I would also try to negotiate the price down a bit, do the math to figure up the sellers additional revenue from interest as your negotiation leverage.I also always ask for delayed financing for 90-120 days to let you build a reserve account and get ahead of the ball.Happy hunting! 

If you are looking at the math buying a $100k house with 10% down will show a great cash on cash return but in 5 years with 1% appreciation will barely cover sales costs. 

Should have done more homework before the sale of the rental on other options such as multifamily homes, but am satisfied with this being my first 1031 exchange. 

Make sure you do your homework here.The reason you're getting rust stains is because the bolts are either untreated or galvanized.

Generally speaking, if your math falls under 1%, the property might struggle to make decent cashflow.

About the only thing that isn't deductible is your actual principle contributions.To keep math simple lets assume you pay 4k in mortgage interest on your rental property for the year and you are in the 25% tax bracket. 

The math doesn't make sense because at some point the front end DTI will exceed criteria, even though the investor is more than solvent.So let's say you have a job that pays $7000/month, and a house that rents for 2500/mo.