I am currently looking at a Duplex there.

Hi everyone,I'm seeking some advice regarding a property I own in Hawaii that is currently rented to a military tenant.

Also, if you are qualifying for the loan based on your personal DTI (debt to income ratio), the personal loan could change those ratios and keep you from then qualifying for the mortgage you want.

Currently I charge him $600 a month.

I have an LLC that I just created that I plan to move that property into.I am currently living in a 3/2 valued at $600k with an outstanding mortgage of $300k.

To work most effectively, both of these techniques need to be “tweaked” or modified to best work with whatever the current real estate market is.  

Does your partner want to take a big chunk of the losses (depreciation) to offset income?

These allrequire applicants to submit an acceptable Letter of Explanation addressing each specific issue and occurrence.Rental HistoryBecause a current landlord may say anything to get rid of a bad tenant out of desperation, we also requireinformation for the previous landlord of all applicants.

@Ivona VillantiThe Reno Nevada area is landlord friendly, tech and job manufacturing growth, population growth, low property taxes, no state income tax and no large scale natural disasters. 

Assuming #2, and rental income of $50k/mo (ex. 25 units @ $2000), how much would we reasonably expect to take home (Net rental income not counting taxes)?