@John Acheson if you are looking for a lender I might suggest to make that your subject line. 

I was thinking along those lines that you mentioned Raymond about getting a property manager to help with selecting a good contractor.

Bottom line, read your contract and - if you still have questions - talk to your buyer. 

They can use 25% of the rents to help you qualify, the rest will depend on your DTI ratiosYou can't just use equity in another property for the down payment, you can pull equity out via a loan or line of credit but just because you have value in that property doesn't mean you can use it to buy another 

I am confused because your name line says you are from Northridge?

We have had great luck with First Bethany - ping me and I'll give you some info off line.

I like & love Bottom line Realty.

There is Quest water lines in the building.  

., but SFRs are an excellent investment in up and coming areas like North Winton, or established blue collar suburbs line E. irondequoit.

I would bet the cash on cash return will not be a calculation you will have to worry about on this deal if you do not have ANY costs to you going into the deal outside of whatever is financed.