Borrow Better.If you’d like, share a couple of active listings that fit your Buy Box and I’ll run a quick, beginner-friendly deal snapshot with DSCR, cash flow, break-even occupancy, and a “what-if” on rates and vacancy so you can compare options apples-to-apples.This analysis help is based on assumptions and publicly available data and is for informational purposes only, not financial, legal, or tax advice.

Google Drive, Dropbox, Apple Drive, etc)Organize all your information in excel(if you don't want to move to an accounting software).I would create separate columns for the following information regarding to your receiptsA) DateB) AmountC) VendorD) PropertyE) ClassificationIf you forward this to your accountant, he should be able to complete the return on his own. 

In my markets, sellers are still paying virtually all buyers’ agent commissions   So this provides an apple to apple appraisal.I agree with the post that a $10k RE purchase likely does not warrant use of an agent especially if an escrow agent is used.Unfortunately you have used an agent and they have exerted effort.  

Here's the deal:4% I/O, 6-year balloon25% down, $650K owner-occupied homeBorrower is primeI guarantee first $75K of lossesEffective LTV ~80% after guaranteeWithout the guarantee, I'd expect maybe 85-90% pricing based on what you said.With the $75K guarantee bringing effective LTV to 80%, could I get closer to 95-98%?

You still need to run comps and compare apples to apples.

The CLO manager could just buy the property out from their reserves ; and/or resell to different GP group and/or keep modifying the loan and transfer the CLO into future CLO package (move current debt into future debt) and/or they could refinance the entire loan with agency loan.Most of these individuals asset are IO only anyway, with range of LTV between 65-75% from as-is DSCR of 0.25 to 1.50x so the risk is well known.

If this is constitutional, it would mean the government can limit how many cars, boats, planes and apples we can buy because it won't be about real estate in the constitution, it will be about [nouns] - as in everything.The debate will be around the good/bad like/dislike of the proposed legislation, but that won't matter.

Back to picking our apples.  

The long terms and mid-term are like apples and oranges.

If you don't have reserves or are "living" off the income, keep lower LTV's across your portfolio because when issues arise and cash is needed you have to be able to tap into that equity.Be realistic in your LTV Analysis:- Just because the duplex down the street sold for $300K doesn't mean your duplex should be valued the same if that building has all new systems and yours needs $80K of cap ex to be an apple-to-apple comparison.