Most will promise you the moon and the stars regardless of how good they are.  

Star Bank of Texas.  

If not - you hire a 5-star management company with 10,000+ doors under management.  

and thanking my lucky stars) in 6 days . 

You might as well get strayed and star learning!

Thank your lucky stars the appraisal came in where it did.  

If there are really four legal units, it might be OK.Watching HGTV is NOT a good way to get educated about TV any more than watching Star Wars is a good way to get educated about science.Here's my quick and dirty analysis assuming four units per building:Propertyprice: $200,000 rehab: $0 rent/unit, monthly: $600 units: 4price/unit: $50,000 gross rent, monthly: $2,400 gross rent, annual: $28,800 cap rate: 7.2%Financingdown%: 20%rate: 4.500%amortization, years: 30down: $40,000 loan: $160,000 pmt, monthly: $810.70 pmt, annual: $9,728.36 total cash investment: $40,000.00 Analysis with property managementexp ratio : 50%NOI, month: $1,200 cash flow, month: $389.30 noi annual: $14,400 CF annual: $4,671.64 COC: 11.7%Analysis with self managementexp ratio : 36%NOI, month: $1,536 cash flow, month: $725.30 noi annual: $18,432 CF annual: $8,703.64 COC: 21.8%

Its like pro sports or being a rock star.

When you don't know much about realty (like us) you see stars at seeing a meager priced property, and think we'll throw money at a nice reno and it'll sell for double.

How much for the gold star program?