I'm assuming that since I'm looking at an 8 unit multi, the banks would look at the net operating income to determine the ARV.  

Most of my time and effort is going into that right now but I have been interested in getting into real estate to diversify my income.

I'm ready for some passive income!

Hello all,I'm a postal worker and mom of three seeking out ways to add another stream of income in order to help pay for my children's education.

I invest for cash flow income as opposed to appreciation, and find that in SoCal cash-flowing rentals are virtually nonexistent. 

I have a SF that cash flows well in TX, but I was a W2 employee with a better income when I bought, now I do contract work.I'd like to partner with a W2 investor so that they can get the loan.  

Are you looking for cash flow rental income? 

Hello,I am a newbie and this is my first Biggerpockets post, but I am excited about the possibilities of building a portfolio of passive rental income investments. 

Most conservative folks would say more than a year but there can always be circumstances where less may be acceptable or more required.You're absolutely right about the enormous tax bill generated by ordinary income coupled with self-employment tax, and HCA surcharge.  

CapEx would go ideally below the line (so after your Net Operating Income), but you could account in the expenses a repair and maintenance reserve so yeah would agree to have something in there.