So if you get $800 a month in rent, $400 will be spent on expenses external to your mortgage/cost of capital.

If it is on an external hard drive, you can't do auto back up for it.

I'm at work right now and can't do much research due to many external sites being blocked (thank god BP isn't!)

Many recommendations have been given to me regarding external reading material, and I would like to pass on one of those recommendations that I have already started taking advantage of; read Rich Dad, Poor Dad.The little I have gotten into this book has already changed how you look at the current world we live in and the financial environment we have to learn to navigate.

They've only posted external photos which leads me to believe it's a wreck inside.Comps/recently sold in the area are $400K+, however these homes are in much better condition and have significant remodeling.Should I base my MAO on land value solely?

Thanks Rick, I've considered and thought about it multiple times about how I can use this external network or people I've developed relationships with to benefit me.

There's still not many to choose from, but that might not be such a bad thing.The more I read and think about things, the more that multi-family units appeals to me... the main downside being that I'm not looking forward to being responsible for external maintenance and such things that strata usually takes care of.

A property that has flat appreciation will be going down most likely in the future, it's a normal cycle, excluding external factors, the building will need updating and perhaps a change in external factors (revitalization of an area) to bring it back to market.

I'm a big fan of glass block and we use it for daylight in rooms where the external wall is too close to the property line to allow a window, but I wouldn't use it in a shower.

I was only able to tour the upper level, so I will need to see the basement before making an offer, but I was wondering if anyone could give some advice about the purchase price: - The duplex is currently listed at $10,000 above assessed value - Overall, it's in good shape (built in the 70's), with no major repairs needed externally, outside of the windows.