To set the scene: A cost seg study breaks your property into two important categories:1250 "real" property aka the building, foundation and other long life assets.1245 property aka anything that can be accelerated such as 5, 7, or 15 year property like carpets, cabinets, or other site improvements.

We are still seeing 80LTV cash outs with DSCRs in the 1.50+ range in several markets around the US where others aren't quite getting to 75LTV and barely breaking even. 

U.S. businesses announced 85,979 job cuts in August, up 39% from July and up 13% YoY, according to executive coaching firm Challenger, Gray & Christmas.

To add on if i use a owner occupied loan to qualify for a low down payment ( first time homebuyer) the mortgage usually breaks even with the sum of the rent sometimes it actually cash flows less.

It’s not just foreign scammers, but local scammers who will copy your ad, break into your home, and show the unit so they can collect a "security deposit" and run. 

Nobody needs a tax break on a project that loses money!

I'm breaking ground on a 163 home subdivision up there in the spring.

When things break, they text me.

I have this week's Bigger Pockets episode ringing in my ears, where  Dave says "in this market environment, you gotta have positive cash flow...I'd rather all of you protect yourself against downside risk than buy a deal based on speculation...it's got to have at least break-even cash flow."

I like to make sure both sides know the vision, budget, and timeline before we break ground, and then keep things transparent with regular updates along the way.