We looker at few houses/Condo under $200k-$250k and saw few online in that range.

We had just listened to a podcast with Marco from Norada as the guest (Passive Wealth Strategies for Busy Professionals: Demystifying Turnkey Real Estate Investing) and were reviewing the information about the notes on their site.

I am seeing quotes around $120k which would put that cost per square foot around $600 which seems a lot compared to what I have seen/read online The reason your cost per square foot is so high is you still have to add all the things a regular house has but in a smaller space.

I was reaching out to see if any of you fine investors have taken a course by Noelle Randall or heard of any reviews from her courses?

3) It's been 5+ years since we've seen a S8 tenant lose their voucher for property damages, not paying their portion of the rent or utilities, or other lease violations (letting others move in with them).It's our opinion that #2 & #3 above are caused by overworked caseworkers not having the time to process the extra required paperwork, so they take the path of least resistance.4) S8 needs someone at the federal level to put more of the program online and streamline the process!

Quote from @Gavin Wright: Hello fellow Investors,Hope you and your families are all doing well this Holiday Season.Does anyone have a Go-To attorney for contract  review in the greater Savannah GA. area?

And if they are a hobbyist/part-time builder, then they should engage the proper professionals, i.e. a title officer, civil engineer, architect, contractor et al to assist in reviewing the project's feasibility.

For something more robust, tools like Excel or online calculators from financial planning sites might better suit your needs.Your ROI Formula:ROI = (Net Cash Flow ÷ Total Out-of-Pocket Investment) × 100For your scenario:Net Cash Flow = Annual Rental Income - (Mortgage Payment + 401k Loan Payment + Other Expenses)Total Out-of-Pocket Investment = $40,000 cash + $50,000 loan payments over 5 years.I came across a piece in Bloomberg recently discussing creative financing, and they touched on ROI calculations for multiple loans.Personal anecdote: A buddy of mine leveraged a 401k loan for a fourplex.

Full application review is almost more important than lease review, as you are seeing.  

I started my domain over 10 years ago when people first started going online trying to buy fixer upper houses.