Effective Gross Income is the total potential rental income minus vacancy and credit loss.

A lot of the food/bar scene is centralized in downtown Denver, so it's not ideal. 

Owner needs to pick them up in his truck every day, pray that there are no parts to return needed and unavailable, watch for the health and safety of every grain of sand, serve food, motivate, problem solve and never cry.  

CPI measures general inflation for consumers for major individual expenses such as food, gas, shelter, and other basics.

Either I make a loss of $5000 deposit or pay extra $6300 to keep the same cashflow numbers in proforma the sales man showed me.I'll update my further experience here.

Or do we just cut our losses and keep her deposit?

My mortgage is $4500 but going rent for the area is $4,095 and not in need of loss of profit for tax purposes and needing more equity to make the investment worth it. 

A month later, a family friend referred me to someone looking to sell after the loss of a loved one.

When you write up your profit and loss statement, how do you break down the mortgage?

@Marc ShinI did, after doing 5 locally, the long distance rehab cost me $65 k loss .....never again