It isnt necessarily related to real estate but the higher math classes and stats knowledge allows me to think up new ideas which isnt useful now but probably could be later if I blow up.

napkin math we have done with rents at about 1200 or less 40 to 50% of gross for costreal low rents and the number goes higher.. if you do better great but this should give you a reality number over a 10 year hold.  

After the math: 1.  4-plex and multi-family in Las Vegas have the best cash-flow return. 2. 

Not accounting for closing costs, carrying costs and such, it would seem you profited $140.5 unless there is some math I am missing here?

On the numbers side of things, that is just a matter of doing your math and finding your comfort zone to get to an offer price.Good luck to you,Arlen

When lower it 100 or even 50 gets it rented right away.. vacant houses are not good to have.. ( do check your insurance make sure you know how long it can be vacant before you need a vacant home ryder)  But just simple math.. you lower it 100 bucks get it rented.. you can raise it as time goes on.. you leave it vacant 2 3 months you just lost 2200 to 3600 in income .. and at 100 a month it will take you 3 years to get it back.. at the higher rent and many times you still don't get higher rent so you just lost that money and its not coming back at all. that's my thought on it..

Do the math, but for $1200/mo, it seems like it would cash flow decently.

As I am doing my research in the Oakland market, a lot of the math is starting to look slim in terms of cash flow so I started to study properties that could possibly be renovated with condo conversion potentials as a value add opportunity.

If the Return is 100%, 200%, whatever, it will be the same for all Partners in the deal.The problem with most people is that they are asked to network to increase their ability to be successful but they don't really know how it will make them so successful until they see the math as I described it above.So it's really the LACK of PARTNERS that prevents people from buying into HOT Markets...

However, in terms of an retirement-till-end-of-life strategy that provides consistent income for you, a legacy for your heirs, and a nice little tax deduction for that charitable contribution (did I mention you get to take a that deduction in the year you create the trust and carry it forward up to five years, if necessary, though present-value math applies, of course ;) - the CRT can be a hugely powerful tool.