Apparently, one of the requirements to be a moderator is to be excessively good looking?

:D There's kinda cashflow and then there's cashflow (Just like mostly dead and all dead).I will say this - if a person can start from the 1% perspective, they will very quickly eliminate a lot of shark realtors and developers and will actually start to find an area where cashflow in excess of the 1% is possible.

Operating expenses include taxes, insurance, management, maintenance, vacancy expenses, advertising, utilities paid by the owner (at least during vacancies, rehab, etc), evictions, court costs, entity maintenance, legal fees, common area upkeep, lawn care, snow removal, office supplies, damage done by the tenants (in excess of the deposit), lawsuits, capital expenses (although not technically an operating expense), etc, etc, etc.

We keep the late fees (which covers the sometimes excessive extra time spent sending notices, knocking on doors, following up and chasing the money up to the point of initiating an eviction); evictions once turned over to the attorney are billed same as other vendors.

This could easily eat up your entire $7,500 downpayment plus any monthly excess.

Even in the absense of any details on your loan request, I suspect I know who your mortgage lady is using---just a couple of questions to see if my suspicions are correct:- Are your FICOs in excess of 620?

Expect that when you take a property out of service to refurbish it the cash flow will pull back yet the excess cash from the others keeps everything in balance.Similar to when you buy a property that needs work before you can get it fully rented.

In that case it was more from excess run-off causing the storm sewers spilling into river with pollution.The point is a city provided system is more consistent and once in place you rarely have to do much other than make sure your pipes stay clear from the house to the street.John Corey

It may not be THE job they want but they can find a job.2) New Residents: There are in excess of 6,000 people moving here each month.

The excess inventory that has built up in some of the larger markets will be absorbed over those quarters, particularly in Florida and Las Vegas as their population growth rates are very high.