Lease Agreements, Form 1007, or Form 1025When current lease agreements or market rents reported on Form 1007 or Form 1025 are used, the lender must calculate the rental income by multiplying the gross monthly rent(s) by 75%.

if we can =) this is heavily market dependent. 

Hi Kevin, Do you have an out-of-state market in mind?

I learned that you should contract at least $3k-$5k under what the market value is at to make room for bigger margins in case the buyer goes down.

To start, complete your profile, set investment goals, use educational resources, network, analyze deals, seek mentorship, and focus on market research, financing options, investment strategies, and property management.

If you really want to fine-tune it, you need an agent with MLS access to run the on-market rentals which are a fair representation of what you can expect.

Looking to invest in the realstate market.

I dont know your market but EVERY broker in the world will over promise upside rent and poorly managed (inflated) expenses. do your own DD on both of them and come up with your own pro-forma to evaluate.

I appreciate that quick tip! 

My partner and I have many years of experience owning and operating hotels in this market and are approved by Marriott to manage this project.