This helps you have a better chance on being the first person to know when a property is available.Basically helps us gauge your income and your Max monthly payment so that we can align you with the right rental.

That aligns with what I've been told.

Could you share some avenues I can explore that align with this approach?

Fact's are when working with DSCR or HML they have interests aligned with yours.

But I don't think you can afford it unless you're prepared to come out of pocket each month for holding the asset.In regard to operating expenses, consider PM, maintenance, true capex based upon the actual life-left of the components and upgrade timelines, vacancy, common electric and accounting.

It's usually not wise to do business with family and friends even everyone's goals are aligned.

So, here’s the answerYou Start at the beginning and ask what your goal is.Real estate only consists of a few components. 1.

Maaaaybe without the rent by the room component it'd have some semblance of an ok idea, but that's a huge stretch.

One of the biggest challenges I've seen in funding real estate deals is finding the right lender who aligns with specific project needs—whether it's fix-and-flip, BRRRR, or long-term rentals.

Look at numerous listings and see components of opex that different sellers include, and you'll start to get a better picture. also don't forget to include a reasonable vacancy number, and also include capex!