If taxes are high and there's still a sizable mortgage what do the numbers look like after you take into account any rehab, cap ex, vacancy, property management, etc?

Ex: If the property you buy has a 10 year old roof, then ask the PM's what roofs cost before you get into it.

You can have lead paint present in the house and as long as it's intact...you don't have to abate it (Ex. all the ceilings have lead paint but are in good shape...you can leave those alone). 2) Accessible/Mouthable Surfaces. 

I have one of my ex-homes in my RE portfolio. 

The county I used to live in in Southern Maryland publishes all properties that have been reported for some type of issue (ex: overgrown grass, trash in the yard, hanging gutters, etc...). 

Also, I would keep the fact that you are a ex-felon out of the discussion unless it's necessary.

With all expenses such as PITI, vacancies, Cap Ex, repairs, and MISC will be around $3400.  

With all expenses such as PITI, vacancies, Cap Ex, repairs, and MISC will be around $3400.

hello all my friend is going through divorce/separation long story short , he left the house  to start a new family ,the ex wife  does not longer wants to live in the house and she left too , now the house is empty and there was a big water leak he fixed the  water leak but not the damage last time i talked to him he was paying $800.00 mortgage on an empty house and paying rent in the new place the new wife which also does not want to do anything with the househe owns about $80 k to the bank he has $40 k on equity which he wants pull  but also there is a lean of $20 k on the housecomps are about $140 k -$160k  around here, how can i approach  him to get the best deal for him and for me in case he decide to get rid of the property3 bed 1bath small yard doblewide thank you for your input to all Homero Jose

Aren’t the $200* per month for cap ex and 10% I take out for repairs sufficient to cover those expenses?