Add $12k to your cost, generate an additional $200 / month in NOI, and now you’re at a 5.52% cap.

If things aren't looking good I'll bake in an additional 10% to protect myself.6.

Additionally, TurboTax won’t be able to handle the more advanced calculations you’re trying to perform.

the house has a bunch of equity, being worth about 750k when fixed up.I  know that on a standard convenetional mortagage foreclosure, there usually additional fees such as unpaid interest, attorney fees etc, apart of the princiapl balance.Is there a way to conservatively assess what will be the actuall "Pay-off" on the 1st?

**Additional Tips:**- Ensure you have a solid exit strategy, whether you decide to hold or flip.

**Example**: - Mortgage payment to lender (P+I+Escrow) = $1,500 - Additional monthly payment to seller = $300 - **Total Monthly Outlay** = $1,800### Key Points to Consider:- **Seller Financing**: Payments can be structured with or without escrow.

If the water bill is $100 a month, increase the price by 20% (or whatever you decide is fair) to compensate you for the time required to split and bill and to cover additional use when tenants squander the utility.

You will get 20% penalty on day 1 & additional 10% over 1 year.3) My experience with GA tax deed redemption rate is under 40%, Usually are the closing agent goof up on the closing without paying the tax.Hope this helps  a little

Additionally, local real estate meetups and events can expose you to financing options, legal contacts, or strategies that are applicable no matter where you're investing.Remote investors often build their teams by reaching out to local agents, property managers, and contractors in their target markets.

For example my simple spruce up would be, renno bathroom, and kitchen, paint, and redo carpet upstairs.But if i think real deep into what I could do to make it a STUNNER then I think, knock down walls, create more open/broken floor plan, add central air, possibly do an addition to add a 3rd bedroom and second bath.So when you could do ANYTHING .. how do you draw the line of what you should do?