Quote from @Tyler Garza: Deal :Duplex Home2 beds / unit2 baths / unit3,000 sqftAsking 300k60k downEst rent/yr - 31,2005% Vacancy20% Op ExpenseMortgage 240k assuming 7%Results: CF - 6,600Cocr - 11%Cap - 8%Looking at this for a buy and hold and trying to determine if I am analyzing this right@Tyler Garza I can get to your COC of 11% and cap rate of 8%, but since I don't know your loan payment or amort, I'm not sure how you got to CF of $6,600 - I'm getting arond $4,600.And a couple of things jump out at me with your assumptions versus most of my CFO clients: 1) a 5% vacancy rate and 20% Op exp margin seem a little low, 2) an LTV of 80% LTV (with a 7% interest rate) seems high unless you're house hacking, 3) Depending on the location of the property, the $1,300/month/unit rent may be low.

This is exactly what I do in different locations (glamping).

Not fully rented, but in a highly desirable location? 

and are you located in Dallas?

In regard to section 8, be careful with trying to get higher rents than market.Your best section 8 tenants aren’t stupid and are very sensitive to location.  

Property is located in Vegas in Paradise.

It was the worst house in the best location. 5 acres just above a lake outside of a desired town.

I am going to assuming it's a nice house if it was your primary residence and it's in a nice location. 

I would be happy to answer any questions on quality of location and/or properties, or any other question you might have. 

Study what kind of properties sell, for how much, and what kind of tenants live there.Think with a 10year+ vision, but a decently sound property (not a 1900 single family conversion that is begging for a full gut rehab), and but in the RIGHT location.