@tom shallcross summarized this well in another post and just inflate your numbers up for a $665k purchase price and $2300/mo per unit for rent.Borrow 80% which is like $3700/mo for Principal, Interest, Taxes, and Insurance.

Quote from @Ricky Reddin: Hello,This is my first post on the forum and trying to get some guidance on a situation.

Look at recently sold properties in the same neighborhood that match the size, condition, and style your property will have post-rehab.

Yet, too many of those posting advice for you have no clue on the risks they are advising you to take.You're pinching pennies to save $8k with 3 kids. - What would happen if you lost it all?

@Aj Green These posts are silly.

They post their rooms on the normal hotel, discount site, etc.

I saw this post in my own search for rezoning information in Denver.

In the sheet for post reno: Gross Income: 6KOperating Expenses: -3KDebt Service: -4Kso  6-3-4 = -1k/month. 

The stock market is a mechanism of transferring wealth from the ignorant too the informed, and that is it.

I'll send you her contact information.