.-  At 50% Occupancy:  Gross rent $1,000/mo, net $552, cap rate of 9.5%-  At 75% Occupancy:  Gross rent $1,500/mo, net $958, cap rate of 16.4%-  At full Occupancy:  Gross rent of $2,000/mo, net $1413, cap rate of 24%For a $70,000 investment, $11,000-$17,000 per year is sounding pretty nice.  

I discovered real estate investing and never looked backhere's some simple facts:1. for the most part - we're all involved in real estatea) we drive on it   b) we walk on it   c) your classroom is on it   d) you sleep on ityou can not escape it - now figure how to monetize it!!

So even our half is monetized. 

After some research here and elsewhere, I was just going to try to monetize my parents old Worldmark Timeshare to pay the yearly fees. 

The issue then becomes, if I get this under my control by purchasing it, what do I do to monetize it?

Exsmple works well  if there is a market for a monet, it can be a bit scary at times to test it, but if it works it is much easier for Monet, to paint a Monet, then for him to paint a Picasso. 

@Marc Winter my company knows me as the woman who can monetize anything so this is right up my alley. :)

It's not as magical as sources monetized by clicks/ads will tend to indicate: IRL each $500/mo block of rent will bump your buying power by about $20k.So if the other unit generates $1500/mo, it'll bump your buying power by about $60k.Talk to your loan officer about specific exact numbers particular to your scenario, but it's not going to jump from $20k per $500/mo to $30k per $500/mo.

Patrick,I redid this to make it easier to read:Monthly Income: $2,875.00Monthly Expenses: $2,468.65 Monthly Cash Flow: $406.35 Pro Forma Cap Rate: 8.84% NOI: $18,485.75Total Cash Needed:$0.00 Cash on Cash ROI: Inf% Purchase Cap Rate: 9.99% Property Information Purchase Price: $185,000.00 Purchase Closing Costs: $5,000.00 Estimated Repair Costs: $2,000.00 Total Cost of Project: $192,000.00 After Repair Value $209,000.00 Down Payment: $0 Loan Amount: $193,920.00 Loan Points: $1,920.00 Loan Fees: Amortized Over: 30 years Loan Interest Rate: 5.770% Monthly P&I: $1,134.13A few red flags for me:1) PRO FORMA CAP RATE = made up numbers2) I see $406.35/mo net and an NOI of over 18K?

The way I would try to 'monetize' a short sale opportunity is to refer her to a short sale broker that will scratch my back with comps and referrals down the road.