Thanks for sharing your knowledge For a rough calculation you could take the annualized P&I payments / the purchase price. 1256*12= 15,072 / 75000= 20% annualized returnI use a simple xls spreadsheet with Present Value (PV) macros to calculate my offers based on P&I payment and remaining term.  

Hi BP of Boston,When you consider rent increase, what factors do you base your decision on ?

Based on not having water, roads, etc. you could still do a tiny home or RV space there if you put in electrical hookups and a septic tank.

External is usually where they want to approve the color of the house, types of materials, roofing, landscaping, driveway condition, etc.

HI Georgina,Im also based in Seattle, WA as well and will be happy to connect. 

If the seller wants to sell based on those higher rents let him/her raise them.

I’d love to have real estate provide some financial freedom/flexibility and create a portfolio that I could eventually get my kids involved with and pass down to them, but I end up feeling frozen/stuck based on the factors above. 

Based on your inspection findings, these issues could potentially be costly and complex to address.

Zach Rumfield  Hi Zach, I see you are based in Houston, TX and assume that is where you are investing?

As an agent who works with a lot of investors, I have recently started to notice more and more that people will evaluate a property based on its current metrics, and write it off.