Without further ado, here is what I’m looking at:IncomeGross Rent $900.00Vacancy Factor $54.00Net Rent $846.00Expenses"60% Rule" $540.00NOI $306.00Debt Servicing $262.61Net Income $43.39The constant variables for reference are: Association Fees: $220 and Property Taxes: $180.My goal to get to these numbers is a final purchase price of $65,000 after closing costs and am factoring $20,000 down @ 5.75% I’ve used 60% expenses rather than 50% to account for the Association Fees increasing, (they have been steady at about 6% per year for the past 5 years).

I’ll check those before turning it on next time.7.Wondering why prior owners took oven racks with them, won’t solve the problem.

Unfortunately I am writing to you to let you know that I have moved out of 2204 Iowa Ave. due to the severe mold problem.

how did you come up with that for my homes. i a figureing on about 350.00ish per home

They could probably correct the problem I a few treatments.

Do I as an alien get taxed the sameamount as local folks?

Am I a little biased,.. yes but I will also agree there are several other great markets that are doing well like Atlanta, Houston and Dallas to name a few. 

The town population is 28,000 (biggest city - and in between Mpls and Des Moines, IA).

The least we can do is wish the man a happy bday...and register for the BP Summit as your gift to Joshua Dorkin.

Am I a sole proprietorship, or do I have partners and/or employees.