I just read your profile and visited your Fat website. looks like you doing well and have a lot of experience.

I wish the fat pig government would leave free people be.

Account Closed At the age of almost 30 years since being built (1987) I would increase your CapEx from 5% to 10% if no maintenance has been don( burner, water heater, AC unit) .

You have a $1.75M debt only providing $32k of return.If you can get out exactly at 5 years, for what the homes are currently appraised for, you will have a nice time, a fat $350k paycheck.

Each time, it is a fat check.

LOL.if you take the depreciation then want to sell your Jet your going to get wacked with one bit fat tax bill .... unless you can dump off some asset that you lost money on and can offset it.

I get emails from wholesalers all the time, re pumping a property with a new lower price... seems like they are sending out the first one with a hail mary fat profit to them price, and then dropping it every week... 

I think there are 3 main reasons:Financial ignorance: most people I know are happy to follow the 401k path to wherever it leads and worry more about where they are going to go on vacation that year2) Laziness: RE investing is not something that can be done well while sitting in front of your computer and just clicking where someone else told you until you think you're smart enough to click where you want3) there is rarely a "fat pill" in RE investing.

Close and get paid.As a side note @Ethan Johnson, whenever you put out bandit signs, since most cities forbid them and will fine you, always use a burner number or a Google voice number to ring to your cell phone.

android has an app called "burner" that you can create different numbers with any area code. then u pay for theem as you go.no idea if it's going to help u in what you are doing.