Let's assume your expenses (mortgage, taxes, insurance, maintenance, vacancy, etc.) comes to a clean $600 and the property rents for $1,000.

One method to meet the sort of investors you're looking to hobnob with is to get involved in their association.

There's a large content library covering various topics such as creative financing, probate, foreclosures, door knocking, wholesaling, expired listings, Lanza methods, Morby Method, how to comp, and more.

Put new tires, clean them up with 10k then sell them for 100k. 40+% on your money.

That affects your loan amount and then principal & interest payment.2) Estimate rents based on recent rental comps3) Account for all operating expenses such as property taxes, insurance, repairs & maintenance (landscaping, snow removal, cleaning etc), property management (if applicable), vacancy, utilities (what does the tenant pay vs what you would pay?)

.🔹 Ideal in Any Market – Whether home prices are rising or falling, lease options allow you to lock in today’s price while benefiting from future appreciation.Other creative strategies—like seller financing, subject-to deals, and the BRRRR method—can also open doors, but lease options remain one of the most powerful, low-risk, minimal cash out-of-pocket ways to build a portfolio.

Even though the FMRs are $730, I was conservative and used $600 for my Pro Forma- The current owner hasn’t raised them at all because he didn’t want any turnover- outside of cleaning and painting, no big costs- Not Section 8 

If you offer a in house chef to cook meals, daily cleaning service etc. then that crosses the line.So, where is it at and show us some pics.

What if a tenant fails to pay rent, leaves $2,000 in cleaning and repairs, and it takes another month to rent?

A clean-out at the property line is the norm around here.