Travis & Drew are providing the only logical advice for the real world.

My property taxes go up with no logical pattern (confirmed with other Indy investors) whereas my California properties go up 2% a year (Proposition 13) from the original property tax basis. 

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!

And despite getting rents that absolutely justify a higher appraisal from an investment standpoint (rents that are 2%+ of the ARV or appraisal you're asking for)I have not been able to find the logic in it, but it makes the refinancing difficult. 

I mean, if you think about it, the fallacy in logic doesn't even hold up in most cases.  

Don't read logic into what you might read starting out, it probably doesn't apply and you'll try to look at irrelevant factors to evaluate some aspect and your head will explode or you'll make bad decisions.

You all REALLY need to start becoming smarter, more intelligent, more analytical, and THINK about things before you just do crap just because 300 other clowns are doing the exact same thing.Love me hate me, don't care, just take my advice and start changing your life and become successful through a logical and analytical system.

If I get a commitment from one family member for $1 million and end up using $400,000 is there a logical way to keep track of that beyond contracts lawyers draw up for us? 

thanks for taking the time to look at this post. currently i live in a 2 family home i bought in dec of 2015, some quick numbers are296k (owe 270k) FHA loan (terrible paying pmi..but i didn't know better)1st FL im in $0.002nd FL $1.1k (under valued by 200-300 i believe in low enough rent to keep vacancy's low) house hack my other 2 bed rooms $700.00Mortgate= 1,960 owe im putting in about 500 out of pocket because the 2nd FL's heat is tied into my bill (1 big furnace) and yeah thats about it. house is in great shape for the next 5 years at least.. i dropped 50k on the first year finishing the basement, finishing the detached 2 car garage, this that and a bunch of crap.. house is in a nice area and has appreciated to about 365 as a guess based on zwillow. my real goal here is to buy and hold a 10 single family homes priced at 125k and under. my reason behind this is that i can save about 60k every 2 years and put that as a downpayment. i own a small construction company as a side gig so rehab is inexpensive.. well to a logical level. don't really like debt and im almost at the point where ill buy them cash 1 at a time... couldn't handle the stress of all the mortgages and the liabilities.. i don't believe in leverage. honestly its either stocks or real estate... came here from the Mrmoneymustache and madfintist's blog.  

Obviously, lowering the fee and raising the rate is an option but that feels a little bit like spinning my wheels.At some point, if I'm dropping my rates far enough to compensate for a high cleaning fee, we get into the conversation of "is it even worth it to rent it at this rate and risk property damage, 4 star review, etc".Our logic is make the property stand out and the cleaning fee is not an issue.