I have posted on here before but I wasn't quite ready to get going with REI so I am using this as a start over.

I was born and raised here so I am used to the crazy prices and lack of cash flowing properties ;-) I'm an engineer by background so I love my spreadsheets and internal rate of return analysis!

I am used to a gross rent multiple target of around 8.6 for places in Stamford but in Bridgeport that seems to be very easy to get.

ghts, a SimpliSafe alarm system, and a music player should be a good deterrent.  

Patrick,Thank you for taking the time to write, appreciate it greatly.Here are the details on the monthly numbers I am using.1700 rent-569 mortgage-161 seller finance interest only-292 taxes-67 insurance-102 PM-119 maintenance-51 Cap Ex - putting 10k into it up front-85 vacancy254 net cash flowSo $255 per month are going toward Maintenance/Cap Ex/Vacancy - but keeping in mind the 10k getting up front to put in on the CapEx and maintenance.

I am using a VA loan so no down, awesome interest rate.

I received an email/friendly reminder from webuyhouses.com that I am using We Buy Houses as personal marketing material (which I am) without their consent (which I think they're right).

I am using comps from 60 days, active and pending as well.

Or the initial sales price (+) rehab cost since I am using a 203k loan?

They do pretty well about 94% of the time, but when they lose something or mess it up.... it can be amusingly complex to untangle.