so anyone that is going to pay out 949k to buy it to make 81,300 a year or 6775 a month to hold a loan payment of almost a million dollars. their cap rate would be 949,000/81,300=11.6 cap rate or roi you would need to ask what they want to make back each year or what type of return on investment they are wanting if they want a 20% return on investment and they are looking to pay 1 million dollars(for easy math) to get 20% return on investment they would have to be making 200k yearly or about 16k a month after all the bills are paid. so if your investor is looking for a return on investment with in that percentage rate then its a good deal for him if he is looking for a higher cap rate then no it wouldnt be good. besides how are you going to be paid on this deal?

With you putting up all the money, I'd expect you to have the majority percentage and control.

I do have a significant percentage in notes, some in rentals, some in some other (not so good) RE investments.

some buildings require at least a certain percentage of owner occupied units.

The condo association doesn't have any rules against rentals, but the larger percentage is making it harder for potential buyers to find financing.

I also have begun attending local REI club meetings.My area is small in population but in terms of percentages it rides the waves just like Phoenix and Vegas so i'm not sure yet whether it's a good or bad area to be investing in.

Percentages are kind of tough since as a new agent your income is $0

How important is Rental to Owner occupied percentages in any given area.

Traditional banks would not feel comfortable that in order to enforce their debt, they could only foreclose on 90%-95% of a house & then have to sue for the other percentage ownership.

However once you figure what your percentage is, it makes a quick and dirty screening tool for deals.Is there any sort of indices or characteristics that are used to be able to tell if a market is like yoursSo if the 2% rule applies it is a pretty good area.