Property taxes are high which are the killer. 30% of monthly rent goes to property taxes.

As has been said, the upfront fees on credit card cash advances are killers these days.

It's not a deal-killer necessarily, but you should be aware of it.

Tommy, also if the FSBO was a "good deal from the get go", it wouldn't still be for sale.This just sounds silly, just because it made it to the MLS does not mean its not a good deal.It may not be a KILLER deal, but that doesn't mean its not a good deal.ie: I bought a property 4 years ago for 5k down, a 100k property, now its worth 150k+And even just 2 years ago it was still worth about 100k, its only the past 2 years it went up in value.I bought the property off the MLS.I would consider this deal just fine.

I'm all in for under $30k on a deal others would have had to put either $65k (20% down) plus repairs ($30k) or all in with cash ($360k) all for $3700 a month in rent.My monthly expenses are close to $2700 all said and done but I have little into it, a killer loan (3.75% fixed) and when my PMI is gone in a year I'll be +$300 in cash flow.

Those same agents likely think of thorough inspectors as "deal killers".

If you think it is a killer deal I would get it under contract with a 30-45 day study period and then try to sort through what can be done with it.

It looks like you got a killer deal on your financing with only $800 in closing costs and what looks to be a 3.5% rate.

That's not a deal killer, but just something to plan for as you think this through.I'd personally try to get the carriage house up to rentable standards and rent it.

I've had great luck in North Collinwood with the killer deals over there, but it takes a good deal of effort to get good tenants renting from you.