does not mean this will also happen to you.So this is what you do.YOU need to do a cost/deal calculation for every method for lead generation you are considering for your market.Now you know how much money you need IF you were to do DMM, or IF you were to do bandit signs.Now this is DATA, so you are not gambling much here.Then factor in the effort it takes and the time it takes for a deal.Bandit signs may be almost free but it is illegal and a LOT of effort and work, and again risk for hefty fines.DMM simply is a bad idea... so figure out what is feasible and then you go for that!

I would be interested in how you are calculating cash flow because I really doubt a home for 550k will cash flow $600/month. 

It's extremely hard to calculate capex for the well and septics.. plus having such a small park just to support it.

how to calculate repair costs, I'm gonna finish reading the BP book on calculating repairs.

Not sure where you are capital wise but it's always a good idea to start small to understand the basics of real estate investing and calculating returns etc..But if your adventurous there are weekend crash courses on learning..

View report*This link comes directly from our calculators, based on information input by the member who posted.

Trying to learn the calculator as well! 

the chance of long-term return is much higher with the appreciation method (assuming the property is in a nice location) - so I realize I am willing to hold it if that is the case with this property.What I don't know is - how can I do an assessment or calculation (with assumptions of course) to compare whether one makes sense over the other?

One of the worst mistakes new investors make is playing with the calculator to make a deal work instead of seeing right away that the deal doesn't.

Hi Everyone,I'm having troubles with finding an accurate number for calculating the mortgage insurance on a property.