139,416 - 75,000 = 64,416.     64,416 / 9.3 = 6,926         6,926/75,000 = 9.2% annual ROI. or is it simply gross annual collection / purchase price?

Simply achieving a 70-75% LTV appraisal and refinancing out your cash flow doesn't mean a profit will be earned. 

Hope this stirs the pot a little bit and get some of you to think and realize that what you have been doing is simply wrong!

My plumber went and discovered tush wipes sitting ON the toilet tank while trying to test the toilet.

I have bought multiple properties personally, where rents were very low to begin with, and were even locked in for over a year, but once that renewal came up, I was able to simply raise the rent and keep the current tenant.

So, I would presume that if a tenant sent a partial electronic payment I could simply refund it even at the court hearing claiming that I am not accepting the payment.

Hey Dina, The extensive repairs discovered during inspection could ultimately provide a tax benefit by increasing the depreciable basis of the property.

The time commitment the HH properties took from our company made them simply untenable to continue to manage. 

Does the tenant pay for the utilities as of now and you are simply upgrading the system? 

Discover your 2,350 sq. ft. coastal oasis on a spacious 17,000 sq. ft. lot.