Taxes are $500 a year and insurance would be cheap for me.Here are the numbers :14% Cap RateTotal Monthly Income: $375.00x50% for Expenses: $187.50Monthly Payment/Interest Payment: $134.90Total Monthly Cashflow using 50% Rule: $52.60One benefit is this house is two blocks from my house, and is in really good condition.What does everyone think about this deal?

. - Thanks for your reply.It is close Taramark Blvd - about a block east.

Property is 1 mile to beach, 2 blocks to gold course, 2 blocks from active main downtown area.

When I open my data source in Excel I get a an error message that says "This file needs to be opened by the Excel Workbook text converter, which may pose a security risk if the file you are opening is a malicious file.

Pretty much the same here with the CFBP, politicians tried to block it at every turn and not fund it, I'd say the financial industry is accepting the bitter pill and in return they get some protections and new benefits.There are billions of dollars in seller financed transactions, much of it now must go through servicers and at servicing rates that only a bandit would charge.

but rising inventory would create more supply of houses for buyers to choose from and for guys like me(flippers) that would force us to either make our houses the best on the block or lower our prices (probably both).

My question (hopefully I've given a enough back story) Is what are your thoughts on buying on a block where there are other vacant buildings?

@Daniel Bennett Sub $50K for a duplex or tri is definitely a bit difficult even in Baltimore unless it's a place that needs tons of work in a probably bad block... but for not much more, you can definitely find a duplex.

Hi Kevin,Telling them to call their accountant puts additional burdens (road blocks) on them.

Any added expense from her blocking you will be deducted from their security deposit.