And when you're flipping houses, flip houses.Bottom line, when you are marketing anything, there is going to be some trial and error... testing.

I used a free trial of agentpro247.com to generate a list of all the properties that met my criteria.

DocuSign runs a great trial program to try out and see if you get alot of out of it.

With the market that kept heating up over the past couple years plus the increased crime this summer (more than normal, seasonal variation), are people still looking at (or avoiding) these areas?

You might be able to ask for a trial membership before you join so you can see if it's worth it for you.

. $800 gross rent = 40K max priceReduce price by major expenses, and to correct items above.There's some variation depending on the submarket, but this list would get someone started right.

And yes, make their parents co-sign.So are you recommending to let prospective tenants live in the space for a while as a trial, before renting?

But everyone has slight variations on how they think about and decompose a problem, so you'll see a lot of people roll their own.That said, I like the visualizations that come with the BP calculators (not spreadsheet), although I don't personally use them for deal analysis.Hope that helps!

Maybe you should just try different variations.

A "yellow letter" is most popular as a handwritten letter in red ink on a sheet of yellow lined paper, although I've seen it done with different variations.