Being foreigners we started with a zero credit score although we have now built this up to a stage where we have a credit card and no longer on prepaid gas.

These are 5 attached 3 bedroom townhomes and 4 individual SF homes all on 1 acre of land.Please let me know if I am forgetting anything.Rent: $8,875.00Units: 9Maintenance $1,331.25Vacancy $443.75Property Manager $621.25Insurance $484.47Utilities $150 (calculated at 85% recapture on RUBS for water, gas and electric metered separately)Landscaping $300.00Advertising $73.96Ongoing Capital Expenses $887.50Taxes $702.63Purchase Price $385,000.00Rehab $78,100.00Holding Fees $17,750.00 (2 months rehab, some will rent sooner)Closing Costs $3,500.00Cash out of Pocket $484,350.00Additional ideas for extra income:Pet Rent - $10 per month per pet (the property has a huge green space for pets that I may actually fence in as a "dog park")Appliance Rental - $25 per month for w/d, $15 per month for refrigerator (I actually ran across this idea looking for my son an apartment recently)Property also has a big playground that I may remove -- not sure yet.Please let me know if there are other expenses that I am not calculating (hopefully they are small :))

any suggestion gas to what nitch would produce the best results?

No need for gas here!

....you are in the off topic section, and still talk about real estate....your husband travels out of town, and he knows that a gift of the local real estate magazines from the gas station will make you happy.

Steve-O,Gas is now 3+ times what it was 10 years ago. 10 years ago, I graduated from high school.

In addition to the tax and social security rates, both of which were higher than the US, I was paying about $1.75/gallon for gas, and their "national sales tax" (value added tax-the standard in the EU) was about 11%.

I have vacillated about getting my REA license and have considered that I would feel as you feel about hauling potential buyers around (especially with gas prices) to other properties that I don't own only to have them not purchase.

I think Mike actually has the right idea and that is to pull these gas furnaces and put in electric baseboard heating.

The tenant doesn't expect to go to the gas station, grocery store, electric company or anywhere else and get the product or service without paying.