It seems to be a function of type of neighborhood (A,B,C or D), CapEx schedule, macro trends, and other things I do not yet know! 

Being an IT System Administrator, systematic research, analysis, and planning with Plan A, B, and C are up my alley.

Acquisition 37K  and rehab cost 55K. Total cost 92K. 4.5 months rehabPlease help me decide on Exit strategy. Should I :a) Sell for 132K. Netting 20K after closing costs and capital gain taxesb) Owner finance (Contract...

VERY NICE units in a B+ neighborhood.

Building constructed in 1980Present loan value appx $77k on a 15 yr note with 3.375% interestP&I pmt is appx $602NOI 2014 was $11489NOI 2013 was $5142      (spent around $4k on updates/remodeling)Appx $27k by my calculations of capital improvements needed in the next 5-10 years to increase the value of the property, properly maintain it, and keep it functionally up to date in order to attract higher quality tenants (located in a b grade area) (I'd rather have more invested to have higher quality tenants - have my own reasons for this line of thinking - willing to sacrifice a bit of profit to have good people)- Redo Kitchens- replace doors and all base trim/casing (more for my taste and would help the place rent out even quicker)- 2 escape windows installed for basement bedrooms- Concrete work needed on patios and near front of the house -- need to be done in the next yearProperty based on comps in the immediate area and a tight supply of decent duplexes here is $175-210k or so.  

You're ideally contributing to your 401k, your IRA if you have one, and you have enough left over that to start investing in real estate.Then I'd look for something that's returning 10%+ after expenses in a B neighborhood to get your feet wet.

Are you class A/B/C?  

Let me throw out some more info that has been requested.1) She's been a tenant for less than two months2) I definitely need to find out exactly what sort of siding it is for logistics of the power washing 3) I'd say the neighborhood is a B- / C+ in Jacksonville, FL.

My question is: If I am going to wholesale a property should I disclose to the seller that I am doing so if I am using an A-B B-C closing?

Example the first property they give you in in a B area with B tenants and you take it as an example for 8%.