That is -$4200 plus repairs for a new renter in a time frame of 3 months.  

He bought inexpensive homes cash and sold through owner financing.

I make about 2600 a month and have exactly half of what I could calculate in expenses.

I have 1 rental property and working on another one. recently started an LLC. what a gathered through bp/podcast. the benefits for an LLC is taxes. saying if you made $100, you spent $50 on expenses, you as the person would get taxed for the whole $100. now say you have an LLC. you made $100 and had $50 in expenses. you are taxed the remaining amount which in this case is $50. in regards to adding a property under an LLC. through a few podcast. they talked about having different LLC with each partner. so unless you want to share the pot of your first rental with your new partner, I suggest making one.

Time frames will be dictated by the coordination with those departments.  

If it is a great property that will cash flow well you can delay putting in new windows for a bit and then with the extra cash flow have to ability to pay for the windows in a pretty short time frame.

It's inexpensive and You'll meet lots of great like minded people there.

Call Andrew pastwick all he does is real estate very inexpensive

Also, we can't build enough homes in outlying areas in that time frame to accommodate that vision.

I know I should know this, and is answered to a degree out there, but ill ask anyway ...If I do a cash out refi on a property that I have paid off, I probobly will be required to keep like 25% in, and then I am paying a new mortgage payment on that property for a 30 year fixed time frame, right?