We are on pace this year to save a little over $110K post tax money. 

Alternatively, consider increasing rent or reducing expenses to boost cash flow.This post does not create a CPA-Client relationship.

Your post is rather difficult for me to understand.

If you buy it too low, in some jurisdictions they will call it "equity skimming" which is illegal.It can be very profitable, I've done many, but you really need to know what you are doing. on pre foreclosures on the West coast if you happen to do them legally .. the old owner is due 80% of the profit if you sell within 36 months.. so there is that.. but if your buying pre foreclosure for long term hold and wait out the 36 months then your fine. the reality these days is post GFC lenders/ banks/ servicers have realize that working with the buyer to reinstate recast redo the loans is far better than taking it all the way to foreclosure so your correct its usually the worse houses that make it all the way to the end and go to sale.thats why if you follow NODs  Notice of defaults or whatever they are call in your state. you see so many postponements and or removed or paid off etc.. so you hone in on one property do all this work only to have it not go  to sale  rarely are you going to buy a home that you really want LOL

Eventually I realize that when I think about living on post-expense rental income, I’m treating the income as the “withdrawal rate”, in Boglehead parlance.

The information contained in this post is not to be relied upon.

Originally posted by @David Greene:Can anyone on there provide any figures for converting a standard fireplace to gas? 

This post originally appeared on the BiggerPockets blog.

So , I’d like to address a few posts where the poster has expressed his opinion that I disagree with.  

This is a great post and great insight into the specific zip codes of Kansas City!