My question is, what is a normal return that you want to see on a rental property??

If you are flipping properties and you are suing hard money at sway 10.5% Interest Only..and you filp the property in 90-120 days, you are far bettwe off, than attempting to get conventional financing, which normally will take 45 days + to source.

Hi all,I have been a resident for 4 years and there is a lot of work as far as paint, carpet etc. that needs done to get ready for a new tenant It was pretty much trash when I moved in and mentioned so on the checklist but nothing is really covered in the normal wear and tear.

But, only really possible if 1) this is normal for the area OR 2) rents really are a little low for the area.  

Going back to commenting, even if it costs more to build, which I doubt is a correct assumption, new builds always pays more than a rehabbed house, in other states, it might be 4-6k but in CA 30-50k is a normal difference.

Unfortunely there is one error that I see, and this will come from personal experience.On your property, for the down payment normally they will not allow you to take out a loan for this, especially for an FHA loan.When you have water in here, is that for just yourself or all the units in the complex?

What I have noticed in a larger than normal number of property tax foreclosures listed.

I suppose rent could be increased to account for the higher utility bills, but in general is there a general clause in a lease that you normally put in to disallow things such as the window air conditioner or other modifications to the unit.

This is normally followed by, “I’m just a small operator so I am too hard to find”.

@Matthew Marino This is a normal occurrence in the peaks and valley's of the real estate market.