I think this was just an accident.

It's like saying "35% of car accidents happen between May and August" -- does not mean a thing.

I stumbled onto the BP website by accident amidst a Google search.

ForsytheGreensburg, IN Style: BungalowRents For: $480/moOccupied: NoPrice: $30kThe guy inherited the properties and just wants to get rid of them.He had mentioned he owes maybe $20k a piece on them (I think by accident).It's an hour away from where I live.Does it matter whether there is a REA listing the properties?

An unexpected $5000 expense cuts that by a third.Now, if ARV is only $70K, 70% is $49K.

What is you plan for dealing with unexpected events, vacencies, and so forth?

I want to check where my head is at after owning 6 properties and putting over 100 offers in over the past year.1,100 sq ft 3/1 house in a nice neighborhood built in 1960Purchase price: $42,000Borrow $35,000 @ 5.5% 15y$3,000 for clean up and repairs$10,000 cash investmentProformaRent $900 a month = $10,800 a yearMortgage $286 a month = $3,432 a yearTaxes $100 a month =$1,200 a yearInsurance $100 a month = $1,200 a yearI know there is unexpected vacancy costs, maintenance costs, lawyer costs etc...

This cousin is a single mom whose husband passed away unexpectedly 2 years ago.

Just wondering if anyone else is having unexpected issues pop up.

Obviously a huge unexpected gain.