The building I was looking at was 6150 N Campbell Ave.  

Hi all first time on BP so hope I do this correctly.Have a situation on a fix n flip deal that has turned into a nightmare.  

http://www.zillow.com/homedetails/5-N-9th-St-Del-Haven-NJ-08251/67881870_zpid/I've been looking at this property and trying to review the comps with my limited capability mostly zillow and trulia.

Expense/Net SheetMonthly Income $7,070.00Monthly Expense Utility $190.00Lawn Care/Snow Removal $25.00Trash Removal $67.00Advertising $0.00 Craigslist and signage in yardInsurance $235.00Odd/End Repairs $75.00Total $592.00Yearly Annual Income $84,840.00Yearly Annual Expense $7,104.00Property 2014 Taxes $14,844.46Yearly Profit $62,891.54Unit Bedroom Bath Stove Fridge Dishwasher Microwave Washer Dryer409 #1 2 1 Y Y N N N N Y 2008 2001 2002409 #2 2 1 Y Y N N N N Y 2008 2001 2002409 #3 2 1 Y Y N N N N Y 2008 2001 2002409 #4 2 1 Y Y N N N N Y 2008 2001 2002401 3 2 Y Y Y N Y Y N 1997 1997 1997403 3 2 Y Y Y Y Y Y N 1997 1997 1997405 3 2 Y Y Y Y Y Y N 1997 1997 1997407 3 2 Y Y Y N Y Y N 1997 1997 1997Garage and Common Area Electric is paid for by Landlord *I assume this is the $190 / month utility figure listed in the monthly expenses.*$208/quarter for dumpster *I'm not sure if trash collection is this or if we have to add another $70 per month for the dumpster.

If you are looking for the best cash flow for your money, you will probably find yourself looking at properties in and around Gladstone, N KC, Claycomo, and Pleasant Valley.  

If the seller is super motivated, you should be able to make the seller-financing case; assuming the down-payment covers any existing payoff (if not, you could do sub2, but I have zero experience with that).As far as question #2 above (N/O/O loan that isn't based on your personal income), I have recently come across Account Closed who has a 30-year fixed program for buy-and-hold.

For instance, you could register Mary N Buys Houses.  

lookinh to buy n hold , 

The Original cash goes into the first, out the first into the 2nd, out the 2nd into the third, .............in the 'n'th, out the 'n'th (last), and it is never spent...just used "n" number of times.

Originally posted by @Bryan N.