Purchase price: $28,500 Cash invested: $178,000 Sale price: $250,000 Bought a 3 unit riddled with drugs or prostitutes from the city at the tax auction, spent a year gutting and consolidating all three units in two structures to a single-family home with an exterior side entry garage.

I’ve isolated these three markets as they’re all within driving distance from my home and seem to fit my budget of $100K-$200K for purchase price.

All the good things are on the way!

I have a handful of clients who all keep a simple log. 

All the power to you!

@Andy MoffitI'm in Knoxville and have referrals for all those needs you've got. 

Hi @Charlie KrzysiakIt is all depends on your goals.

You will get to the same answer Ihave.Luckilywe are all the same.

Over all I am getting a loss of $500 per month.

At the same time you're figuring that all out, get your brother and friend under a lease, or at least, a written agreement both parties can agree on.