I have gotten 2 this year so far on the market that pencil for us at roughly 50%+ return cash on cash after lending and holding costs

I wonder Trumps thoughts on the affect of Tariffs and the cost of materials.

For the "why" regarding condos...high HOA fees (like 1000/mo...something like 400-500 is now "very low"), high insurance costs, overbuilding (everyday it seems like new building is going up) and high property taxes. 

Asked Price $290.000Purchase Price $260.000 + Closing Costs How did you finance this deal?

The reason is that for most programs anyway the 60% loan to value will give you the best rate and best cost available and of course you should still be able to have a healthy cash flow at that loan loan to value.

The CF is only playing catchup to the cost to you of the property. 

I am going to demolition the home rather than rebuild it because the costs is well above my insurance settlement. 

Speaking to a contractor, just to remodel 3 of the 8 buildings could cost around $750,000. 

I’m in Ohio, so I can purchase a property with $40k cash out, invest $10k in repairs, and rent for a couple hundred above the monthly operating costs.

A lot of it is the standard Buildium application, most of the extras I put in there after reading Landlording on Autopilot by Mike Butler.Application fee needs to cover all your screening costs.