As far as golf goes, I measure my games in how many balls I lose in the desert but I’m always ready to have an adult beverage on the front 9 and back 9.

We do not like to low ball and waste people's time and the asking price worked for us.

No agent wants to deliver a low-ball offer (<90%).

As a PM, I've dropped the ball on a couple things and my policy is to pay for my mistakes.

I cannot wait to see it in person and get the ball rolling on this STR fun!

Hey guys thank you for the feed back, great questions @jasen really I only need to do floor refinishing paint and small drywall repairs, replace appliances and some landscaping it helps a lot that I’m also a general contractor so I can ball park the repair cost very close.

@Andrew Larson I am in the same boat and would love to spit ball ideas back and forth  with you.

If you want accurate values, you need to get comps and property assess a property.As far as future values go, you take take your best educated guess based on a variety of statistics (like job growth, population growth, increase in median wages, etc) but nobody has an accurate crystal ball.

Not that I have a crystal ball, but I see a  cycle of more CapEx/maintenance than anticipated for longer than you thought that eats into your cash flow and keeps you from updating the units, which keeps you from maximizing  rents. 

.-3% down would be around $4,500 down payment-$14,000 savings for 12 months mtg pymt expense used as needed to get the ball rolling-The properties I look at probably need $2000-$4000 in renovation expense-Estimated insurance would be around $120/mo and taxes around $250/mo which is included in the monthly total I came up with: $1166 roughly.