What makes a good deal? How are you measuring what will add up for you?

Little fact, right? DSCR is the big one that I always look at because it actually includes your debt. Like, people look at like, oh, what's my cash-on-cash return? Especially when you're doing seller financing, who cares? A lot of these deals are zero down, so it's like, okay, my return— how— metric's not useful. It's more useful in a conventional deal where you can kind of judge your cash flow. There's uses for it, but what I really like to see is like, okay, after all expenses have been met, how much is left over at the end of the day to actually pay myself? And expressed as a proportion of your mortgage is just an easy way where you're like, hey, if this looks good to me, like 1.5 debt service coverage or higher. It also looks fantastic to a bank. I like being able to maneuver my leases, so staying bankable even if I have long-term debt that I could hold, having the option to exit that debt at any time is fantastic. Plus, Magic Doughnut also helps me do that.