Homeowners can paint and do minor work and ones with a good imagination can visualize the place after some work.

The corporate veil is a function of law which usually protects the individuals who run the corporation from personal liability even when they are individually negligent, if the negligence was committed while they were working for the corporation.

Except for those living and selling in Utah where gold is much closer to functioning as money instead of a commodity.I don't think I will time it perfectly.

I'm old enough to remember when 1brs became functional obsolete and REALLY high turnover.

. / $4,166.67Annual debt service “DS”Revenues:Monthly AnnuallyRental Income$935$11,220.00 (RI)Vacancy @ 8% ($74.80)($897.60)Net Rental Income $860.20$10,322.40 NRI)Operating Expenses:Property Tax- 1800 (this is being challenged currently, but no ruling at this time)Insurance- 1000 (estimate, I will get a quote on this for sure.)Maintenance- 1200 (Estimate)Utilities- 800 (Estimate)Advertising- 100 (Estimate)Total Operating Expenses (*Very Estimated*) = $4900 (TOE)Net Operating IncomeNRI-TOE= NOI$10,322.40-$4900= $5422.50 (NOI)Total Cash FlowNOI- DS= TCF$5.422.40-$4,166.67= $1,255.73Return on InvestmentTCF/ TCO= ROI$1,255.73/ $5,000= .2511 (25.11%)Cash on Cash (Considering- Down Payment, Upfront Repairs, Closing Costs)TCF/ TCO (W/repairs and closing costs)$1,255.73/ $6,500 ($5,000 DP + $0 Initial Repairs + $1,500 Closing Cost) = .1923 (19.23%)My thoughts regarding this deal: I think the asking price is a little high for the property considering it’s age, condition (off of visual inspection from the street level only), location, what limited comps I could find.

For investors (or investment companies) that outsource their property management (PM) functions and are also active in purchasing and selling real estate, I'm thinking one option is for the investor to purchase, either entirely or a percentage (e.g. 50%), a brokerage company.

We don't all learn best the same way.While you might prefer to have everything in written form, someone else might be more visual and learn better with a presentation like that.

At least then you have a chance of catching most of the problems visually if you know what to look for.

I've run into investors that are more in the business of making money than they are in the business of creating beautiful, functional spaces to live and work in.

Some people on this forum have said that anything with only 1 bathroom is functionally obsolete.