And that's even using the high rent estimate, a low vacancy rate (8% would be more realistic), and a very low property management expense (10% of rents is pretty standard), just for starters.If you personally were going to live in this property, it would likely be a slam-dunk...... but, as an investment, it's a money-loser!

However, this is less common for standard FHA loans.

That has to work fast, smooth, and to a certain standard. 

Or, you could just sell, now, today, standard sale.

In Texas, the standard earnest money when agents are involved is 1%. 

This ensures that you adhere to legal and professional standards in property management.

That's why you do have to hold a certain standard for what you will and will not do or replace.

Do any of you have a standardized process, workflow, or checklist that you use to run these deals?  

Attached is the pricing guide breaking out the GA - Standard and Pro Member - Standard rates.

Depreciation Acceleration: The standard depreciation for residential rental property is spread over 27.5 years.