Not to mention the football games, other sports, conferences, etc. 

If you dumped that 10k into this place then your capex/maintenance shouldn't be 20% since almost everything would be new/reconditioned.60k purchase15k down payment (25%)5.4% interest555 per month253 P&I, 215 HOA, 36 tax, 51 insurance,900 rentLeaves you with 345 mo, and 10k in the bank for reserves which is = to about 39 mos of set asides (20% maint/cap, 8% vacancy).If you get your loan to 5% vs 5.4 you're at 490 per mo and that gets you 410 left over.Crazy to me you'd recommend a stranger assume 0% for PM (because HOA), 0% vacancy (because tenant will never leave), 0% maintenance/capex (because HOA), no rehab (but increase the rent), put more money down, and just hold onto $10k instead for reserves...all to make your fantasy cash-flow numbers work.

In 2014, the town of Decatur, TX voted to reschedule Halloween because it conflicted with the local high school football game that evening.3. 

Just came across this thread.I coached some junior college football in Southern California.

The owner may want to see what price he can get, may be willing to sell only at a fantasy high price, or may be making believe he's selling to satisfy a spouse or business partner.  

In short, fantasy world. 

They want a fantasy dream world where they are a rock star instead of the reality of where they are at now.It is not okay to use pictures of others properties to HOOK leads in.

For football fans, think of Jerry Jones vs. the Cowboy players.To get back on subject, I am a firm believer in education and experience, both from books and from old timers in the business.

I'm a husband/father/football coach/commercial driver.

Since 2012, I've been working for the National Football League.