I am a Financial Education Service Agent helping clients of Real Estate Agents correct their credit issues so they can obtain home ownership.

I would use the term Profit/Loss to talk about the total difference at the end of the year...Certainly your points with percentages pertaining to repairs, vacancy, and capex all hold water. 

I'm firm on the down payment I've offered her, so I'm not interested in using that to account for the loan issue. 

Did your property manager handle maintenance issues or did you have a separate relationship with contractors/handyman? 

It that property has a recurring sewer issue, or something like that, you may have higher then normal R&M expenses.  

There are often issues on units that allow 3 singles but only two parking spaces.

I am going through some of these same issues with numbers provided by brokers/Loopnet vs actual numbers, but I can't get actuals until I get the property under contract.In each case that I've asked for rent rolls, trailing 12 months, tax filings, etc, the response is to put it under contract and then they'll provide numbers.

Following is how the ROBS 401k works: Because you directly rollover your IRA or former employer 401k, 403b, Keogh, SEP, SIMPLE, or other eligible account, to your new ROBS 401k  plan, which then funds your business, you incur no taxes or early distribution penalties.Unlike traditional 401k plans that allow for a 401k participant loan, that is, borrow up to 50% of the account balance not to exceed $50,000, the ROBS 401k for business financing plan allows you to use all of your retirement funds to fund your start-up business.The ROBS 401k funded corporation allows you to draw a reasonable salary from the business.ERISA 408(e), and ERISA Reg. 2550.408 list information regarding the use of 401k funds to invest in employer stock of the employer’s corporation.The IRS formally commented on the use of 401k business funds on Oct 1, 2008 by issuing IRS memo commenting that the use of retirement funds is not disallowed but continue to be reviewed by the IRS.The use of retirement funds for business funding entails the 401k purchasing stock shares in a C-Corporation.

I've read a few articles describing the benefit of using a 3rd party like "cozy.com" to collect rents from tenants...one benefit being my routing and account number aren't given to tenants for direct deposit which can evidently lead to issues down the road...however, the main benefit being that a tenant can stall an eviction by direct depositing a portion of the rent owed into my account, thereby, nullifying the eviction process and having to start over since I "accepted" partial payment. 

So my current plan I am working with the builder on is a 1092sqft split foyer (this style b/c water table can get a little high on lot and I don't want to chance water issues in basement - plus there cheaper to build) with a 24x24 attached apartment that will almost make it look like a SFH with attached garage.