*Ordinary Tax rates are you standard tax bracket.

With regard to Hard Money Lenders, if their standard loan amount is 70%, you will most likely come out of pocket with the rest of the cash.

Debt to Income - DTI - is only use on FHA, conventional, Va and other typical residential transactions (consumer front).If you're going to a portfolio lender they look at lending from a 1.25x DSCR point of view (industry standard) which in essence is a 80% Debt to Income if you think about it.1 dollar of debt / 1.25 dollars of net operating income (NOI) = 1.25 X DSCR = 80% DTI Never the less us bankers joke about it all the time because it might be crazy from a residential loan officers point of view but in the banks eyes its not from a commercial point of view.The commercial bank views income property as a consistent sustainable source of reocurring income especially in stronger rental markets so having 1.25 dollars of net income coming in for every dollar of out going debt service payment is acceptable.The mess with this 1.25x they will sometimes make you conform even while subjecting you to underwriting at higher rates, shorter amortization periods, and other income adjustments that make it harder to obtain 1.25x.

In a D class neighborhood or one star I prefer not to buy parks that are really bad, they usually require too much time and effort up front to get them to minimal standards.

Expectation would be that you stabilize and then refi internally with perm financing or have another bank take them out.

Even if you manage this yourself, it takes time and effort to find renters and manage 4 units.If I assume 10% vacancy and 10% management fees, (may be high, but better to be conservative), I get net monthly cash flow of $561 and internal rate of return at 39%.Can you get and keep this rented?

Also notable to me, was how interested and knowledgeable international visitors were.

Her number is 859-802-7060The market is good here as far as jobs (hospital, Amazon, lots of factories, warehouses, government, international airport), population, universities, etc.

The rich in waterfront homes tend to have newer properties that meet current FEMA standards while those in sub $100k homes in coastal areas (but not on the water) or anywhere near a river, stream or large puddle are seeing huge bills (I've seen some properties hit with $20k premiums on <$100k properties).

Here a standard is 20'x20'.