(So if the 1% rule applied that would be $700 a month below).

@CJ M.CJ, a few of my properties are almost identical to this.

I will not be syndicating, but would my complex purchase fall under Strict SEC rules the same as a syndication?

You're not hitting the 1% rule, so this may not cash flow.

A good rule of thumb is to keep your business and personal bank and credit card seperate.

@Eric Veronica It’s crazy that you mention the 10000 hour rule because I was listening the the biggerpockets business podcast episode 1 today and Joshua Dorkin explained that he basically invested 10000 working hours into BiggerPockets before it took off.

I did look it up - https://therealdeal.com/2019/04/19/fannie-mae-issues-ruling-on-renting-newly-purchased-second-homes-on-airbnb/?

What's a good rule of thumb for CAPX?

These guys are skirting rules to broker real estate. 

Before my first flip, I wish I knew the 70% rule.