In my state of SC the way property tax is assessed for rentals is (assessed value x .06 and that times .1 but that does not include additional taxes that businesses are hit with that owner occupied isn't.

I told them I will post this to group for some additional feedback and discussion. 

I have a prewritten reply that includes additional information about the property and send them to a site with a prequalification form.Once they fill out the prequalification form and it is a good fit, then it is worth the time to set up a showing.  

However, in the rarity that the mortgage is called due before the completion I will be the only one that has the finances to complete the refi, so that would also be additional risk.

We have been running our numbers based on a 25% down payment plus an additional 5% of purchase price so 30% all in all invested.

If you have one that has commission breath, find yourself another agent.In addition to the market knowledge, a good agent will know how to negotiate the best possible deal for you.  

This is in addition to all the other expenses you'd find in a condo HOA or common charges.

Hi Calvin - In addition to great appreciation, 8-12% cap rates consistently achievable in many parts of the South Side of Chicago.  

Everytime I have found a discrepancy between what the ower says and what the county says it has turned out to be an addition that was not permitted.

@Preston L'Ecuyer first, congratulations on the new addition to the family!