I'm not sure of their terms for rehab because I'm a buy and hold person but their website's display of rehab projects tells me it's a favorite of theirs.

I believe this was going to be 1 of many units on this property (and likely the display), but when it was built the economy must have killed the project.

After 10 years, I would refinance.Closing Costs: $11,400Total Cash Outlay: $112,100Current Rent: $6,000 ($500 per unit)Market Rent: $6,600Fully Rehabbed Rent: $8,400Vacancy: 10%Expenses:Property Tax: $1,059 (17.6%)Insurance: $458 (7.6%)Property Management: $790 (13%)CapEx/Repairs: $600 (10%)Total Expenses: $2,907  (48%)Current Rents:NOI: $2,493Cash Flow: $778/monthCash ROI: 8.33%Cap Rate: 7.6%Market Rents:NOI: $35,450Cash Flow: $1,239/monthCash ROI: 13%Cap Rate: 9%After Fully Rehabbed:NOI: $54,812Cash Flow: $2,853/monthCash ROI: 15%Cap Rate: 10.7%It was a bit difficult to lay everything out accurately given the 3 scenarios, so I've attached screenshots of the spreadsheet I use displaying each scenario in more detail.Thanks!

You have shown an intellect thinking that displays what it takes to do these type of investments.  

I'd also proudly display his work on my place if you'd like to talk about him.

You may have to find the correct browser to display it, ive had trouble on google chrome.

That's a great reminder though...I tried to view the article listed, but the url came back as unable to display.

There some guys in Austin (Paperless Agents) that are teaching people how to be more competitive in what you do and the computer density that you display.  

I did take a peak at your website and the display of the properties is very nice.

The amount of info they display for free is enough to make an initial determination if the market is worth exploring further since what you're generally looking for is the level of competition (# of listings), average occupancy rates, and average earnings (simply for directional purposes).Only after you have a short list of 4-5 cities, it makes sense to get a subscription for those particular cities.