It was for a owner that was trying to sell quickly and was desperate to sell........Where we inherited tenants that appeared sweet......but were awful!

We have met her and she's as sweet as pie.

To make this post short and sweet it's a duplex with one unit rented out and I plan to live in one room in the other unit and rent out the other 3 rooms in the unit I stay in. 

They are cutting me a sweet deal so hopefully it is the jump start i need into the REI world!

Boosting the annual percentage from 9.62% to 12.3%.Sweet SpotSo how do you determine this sweet spot of maximizing the cash flow to capital outlay?

Now that is sweet!

Very sweet old lady who had floor to ceiling stacks of junk, boxes, papers, you name it.

Sweet!

As an investor you have less stress, you don't have to where a yellow or blue blazer, no need to look for the balloon in the air and don't have to pay dues, attend meetings, meet a quota, do a coop with agents who take part of your commissionJust think no floor duty, no driving customers around to look at houses,  waste your time and gas. sap your energy and leaving you only to buy a property from their brother in law who just get their licenseOh YES, the freedom to make all the money your are worth, no need  for the hassle of finding listings, prospecting, floor duty.......oh the freedom that an investor has, oh the pleasure of sleeping late, making creative offers, doing subject to existing financing, delayed settlements, collecting assignment fees.....oh the sweet freedom of cash flow and free time.

I suggest you determine what the value of the opportunity is before determining Jim much you can afford to budget finding the owner.I use the following acronym: PETIOPROPERTYEQUITYTITLEINTERESTSOPPORTUNITYWith this format I can determine where the sweet spot is in the situation.Since you are hopefully chasing a bunch of equity, you might be able to budget $50-100 or even more to skip trace a missing owner, if alive.