Sorry for this cut and paste, but I found a good article on Google regarding air rights.

Also has central air and working appliances.Rent: I can get $650/moasking price is $14k my offer is $27,500repairs: $1000 maxARV: $60kI've got a really good agent.

I did an on-air ad/plug/interview on WLS (PEOPLLLE!)

My property that I own is located in ABQ, NM and I am currently in the Air Force and stationed here in Tucson, AZ.

It really is a breath of fresh air to see someone willing to invest adequate time in real estate learning to determine what areas in which you're most interested.Since your local market isn't as friendly as you might like, you're learning what you can about areas that make sense from a profitability standpoint.An idea you touched on briefly is a sensible one -- areas near college campuses.

It all depends on location...I have never done it, but in my area investors say they go for about $12,000 a monthHowever, you would be much better off spending $12,000 on highly targeted direct mail...it's better to have the rifle approach than the shotgun approach.

I had put this up to keep bugs and birds out and keep cool air in-the house has central A/C."

That's not deflation, thats air coming out of the bubble.

.$70,860/12 months = $5905.00 NOI per month$760,000 @ 9% for 30 yrs = $6,115.13 monthly mortage paymentFor a NEGATIVE cash flow of $210.13 per month.So, shooting for $100 cashflow per unit, I would need to purchase at around $435,000.I pulled the 9% interest rate + 30 year term out of the air, so any corrections on the reality of such a mortgage are appreciated.Do my calculations look right?

Do they magically just appear from thin air?