The numbers look terrible.

Sounds like a terrible idea, doesn’t it?

I will have to say that "vacant units" aren't terribly common around here.

Staying same wouldn’t be terrible and they have been good tenanatsThanks!

Typically, you will not have your entire line taken up so the monthly payments should not be terrible, but a 30 year mortgage will most likely be a lower payment if you are holding the property.

The pool was in a terrible shape and need to fully get plastered and redone to make it safe and had to change the pump and the whole setup.

This is a terrible business practice hobby landlords tend to use out of fear of actually having to manage their business.

However, it is hard to determine which are the affected by looking at the gross numbers provided by the news sources.If you only looked at the unemployment rate and number of foreclosures in Las Vegas during the 2008 through 2014 period, you would expect all Las Vegas investors took a terrible beating.

Was it terrible?

This wouldn't work as a flip, but what about as a cash flow property.3/1ARV - $72kRepairs - $65kMonthly rent $950 - $1000Seller is willing to go as low as $25k because I stated due to the repairs that $39k doesn't make sense.I was at less than $5k because it's in terrible condition.Does it makes sense as a Fix 'n Hold?