They included 15 months or so worth both taxes and insurance.Your monthly payment includes principal, interest, taxes and insurance.6% is a little higher than typical loan, but it is difficult to get a loan for less than $50k.....most lenders won’t/can’t do it.

You are possibly leveraged too high to make this deal with lender. they may be skeptical, because you may not have enough skin in the game(YOUR MONEY) some one financing the down payment is normally a no from a lender on investment property

We are waiting on the signage package which includes numbering for the unit doors.

Including 30 year fixed products. 

A good market for me includes at least 1Million population with low unemployment, good jobs, cheap houses and business friendly and fiscally responsible city / state (check their credit rating).

I would also include a hold harmless statement (as given to you by your attorney).

why not secure a  construction loan that includes a portion of the purchase price and hard costs?  

Lenders will look at your balance sheet, normally requiring a personal financial statement which includes all of your assets and liabilities.

Hi, when im trying to figure a cap rate do I include the closing cost into the purchase price on that not taking into the equation ? 

Comments from his VRBO page included 3 things:  Mattress protector was noisy, no exit instructions and limited kitchen items.