And, the result......

When that is the case if that bill is unpaid it can result in a lien on the property!

How can you possibly match that?

Every property of interest must be evaluated based on current and future performance.Current ConsiderationsTime to rentRenovation Cost & RiskInitial ROI and cash flowPurchase PriceMaintenance costAcceptable area rental restrictionsIn an area that is doing well and likely to do better in the future.In the migration path of urban sprawl.Future ConsiderationsThe location has a track record of appreciation and rent increases.It physically matches the expected demographic changes for the foreseeable future.Buy what your “customer” wants to rent, not what you think is a good property.

Best case scenario if you get into a gunfight is you are able to shoot first and not get shot, but the result of that will still be awful as the legal ramifications of shooting someone are not something anyone wants to deal with, even if it is completely justified your life will suck for a while afterward.

However, it does demand solid digital marketing expertise to see positive results.

The end result is the same.

You're going to work very hard, and maybe you won't see the results of your efforts right away.

Subtract depreciation, explained here:https://www.biggerpockets.com/forums/51/topics/1121063-expla...Because of Step 2, depreciation, many cash-flowing rentals end up showing $0 net profit, resulting in no tax increase and sometimes in tax decrease.

In our opinion, this doesn’t result in a viable income amount or analyze income stability.