[Calc Review] Help me analyze this deal

[Mitch Price]

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Hello Everyone,

Just need to hear from some fellow investors on what they think about this property.

So I am an investor in Georgia. I bought a duplex this time last year that I am currently housing hacking. This is a deal analysis for a house my parents own free and clear (they have another one that is right next door, that has a mortgage on it $29K to be exact, Ill post the numbers on it too soon). They RE invest a little but they are really thinking about getting out of the business because both are looking to retire and not have to deal with the hassle of managing rentals. They are thinking about selling both rentals.

I will be honest the neighborhood does not pass the eye test. Its C /maybe even D territory. I been helping them with it for +10 years now though. Every time we are there getting it rent ready, dozens of people stop by wanting info on it.

My brother-in-law (who lives in Mississippi and has HVAC business) and I think that they should keep them and just let us take over the taxes, mortgage, maintenance, and management of them.

I myself am looking to get into RE investing full time eventually! I don't have a problem managing the units even though I am out of state.

Would this be a good opportunity to take on???

POKE HOLES IN MY ANALYSIS!!!

LETS GO!!!!!