We don't necessarily need to cash flow, we're just looking to leverage the 2.5% rate and hopefully benefit from appreciation and having someone else finish off this mortgage.

Based on these rough numbers and assuming that a market rental appraisal would back up your stated income, you're looking at a DTI of ~44% at today's generic rates.

You can check HomeWyse.com to see what the going rates are for maintenance items in your area.

We made the initial investment back in 2017 utilizing notes to avoid paying UBIT tax getting a fixed rate of return and equity upside.

I am not complaining about that, to be clear, but they were repairs that a market rate tenant would not have required.The bigger issue was every year, the unit would get reinspected.  

They have recently added staff to improve response rates, we have seen steady activity even this far into the winter and conversion from leads to tenants has improved as well.

By potentially halving heating costs for tenants, I anticipate fostering more extended tenancy periods, thus reducing turnover rates and driving up ROI.Drawing upon the expertise of renowned professionals like Michael Maines, Emily Mottram, Joe Lstiburek, and Allison A.

My loan feel through because I didn't have enough time in the army to use the VA loan and I was counting on it the whole time so since that feel through I hade to go the FHA rout witch increased my interest rate 1.3 percent and on top of that I now have to pay PMI and if I had been planning more than one loan in the begging I would have been prepared Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Quote from @Brett Johnson: 5-20I think the clearest path is that 5-10 space, once you get above 10 it can get kind of tricky and there could be a lot of conditions.Having a clear picture is only going to benefit, so hopefully you can snag something going into the spring and if rates start to go down a bit you'll be in great shape!

For example, a lot of clients who have come to me recently were underwriting their deals with 8-9% interest rates, whereas I have a lending partner who can finance most investment properties at 6.25-6.50%.