Some numbers:Expected 2026 income after raising rents to market value and assuming 7% vacancy: $144k.Expenses: $14k property management, $18k property tax, $10k insurance, $10k utilities, $8k in repairs/maintenance/advertising/admin/etc: Total operating expenses: $60kNOI: $84kBased on 6% cap rate that brings the valuation to only $1.4m, or $1.5m based on 5.5% cap rate.

Feel free to reach out if you have any questions about Birmingham.

For me, if I make $1500 net per month on a free and clear property I would make $18,000 / year.  

That is one of the reasons we have set in place notifications for any estimate of repairs exceeding $500 of which these repairs were 10 times that amount in total.

They've changed formats a bit, to one that is a free happy hour and I've not been to that. 

If you've been in a similar situation, feel free to file a complaint with the FTC.

Hey Ben,I totally get the challenge of balancing your lifestyle with real estate goals.

We had to do a lot of electrical work, bathroom, kitchen rehab, total paint and a new roof.

with the information provided can someone please give me our cost basis so I can figure total capital gains?

If you ever have any questions regarding this or in general feel free to reach out I enjoy helping and ensuring other BP members avoid lost time and money.