Please comment / message me so I can get an accurate count.When: Wednesday, 6/27 from 5:30pm to 7:00pmWhere: 311 Newport Blvd in League City.

Vegas, even though very hot in the summer, does not have a big drop in the summer because people come for the shows, glitz, gambling. 

If you do that though you can't actually take out any of the cashflow...because the problem with CapEx is that it doesn't actually cost just 8% of your rent. when it come it comes big and heavy, so you'll need to be able to build up to having that reserve account...some people like to gamble and will take it out...I personally don't recommend taking cashflows from your real estate until you're much further along with much larger reserves.

. $40k repair2. 3% closing cost3. 50% Operating ExpenseThis is a template I use myself, it's not proven useful/accurate. also considering all the assumptions ...

Because of that I would encourage you to run the numbers as accurately as possible, be honest with your goals, and if the property seems to align with your goals...GO FOR IT!

You need humans involved in the equation to get the more accurate picture.3) The book talks about buying a property for 20% discount, and by adding 5% it should appreciate by 10% in 1 yr.

In the end, you would have had to make a Journal entry anyway, so my answer to you was confusing, and not completely accurate as Tracie pointed out.  

You can also network with other investors in your area and see if anyone's willing to see if you analysis is accurate or not.

How accurate is the $150k rehab?

I looked at the numbers, they are pretty accurate, so why is it listed so high?