Enough votes like this and your web site stars to ascend higher in the search results.Template web sites can be great because they offer a fast, inexpensive deployment solution.

True, and although they take longer in rehab timeframes, you reduce some of your competition as many avoid such deals.

It's inexpensive (often free) and allows you to be very descriptive about your property including pictures.

The rule in this case would have been little misleading adding an additional $1,700 in expenses that don't exist.

Not having a short time frame will enable you be more choosy with your contractors.

Although I am no longer a licensed agent in Texas, this is the time frame that it took me to go from un-licensed to licensed:Jan 3rd - Ordered course online from agentcampus.comJan 20th - Found broker to sponsor / hang licenseJan 30th - Submitted 150 completed course work to TRECMarch 1st - TREC responds needing finger printing & bg checkApril 15th - TREC BG check / Finger prints receivedApril 15th - Pay HAR/TAR/NAR/CSS/Broker duesApril 20th - License "active"May 1st - 1st contract writtenSo it takes roughly 5 months from start to finish.

Or, have you bought inexpensive land, (say for $1,500 cash, etc.), then profited by flipping it to someone by asking for a down payment and monthly payments?

You probably know this, but "short" is referring to the fact that the lender is taking a short (less than principal value) payoff of the loan; it has nothing to do with timeframes for the transactions.That said, my fastest short sale was 5 weeks from offer to close; my longest is currently at about 7 months and we're still waiting to hear from the bank...

Figure out the average monthly rent for that unit, take out 35-40% in expenses, then subtract out debt and that's your cash flow.Then calculate the total cash flow annually for that property and plug in your downpay cash in and initial rehab done if any and you will get your cash on cash roi. 

Okay George, now i have all infos and here is my calculation for the ARV with an 10% CAP:- I take $550 per unit in rents x 8 = $4,400 gross monthly = $52,800 gross yearly- now I calculate a little pessimistic with 55% in expenses per year = $29,040- thats $23,760 NOI with 10% CAP my ARV is $237,000 completly rehabedin my calculation I included 10% vacancy your 25% is very pessimistic :)-Uwe