There should be expense items in there for vacancy, mortgage payment, taxes, maintenance, repairs.......I would suggest you talk to a non biased third party and someone that has investing experience or even a banker contact to look at the #'s with you. this way you can make an educated decision based on the information provided to you. this way you are not making an emotional decision in an area where you should be making business decision.

Maybe it's a bias, but I find that flat fee agents just work differently.

Realize that they have a slight bias to do things, rather than not.

I personally think Wisconsin is great for investing, but I'm biased because I live here.

Arthur, I am biased towards buying paper.

I'm right across the street from MS and they usually do these promos with a little "west coast bias" so I'm surprised I didn't know about it sooner!

(It would also make me wonder the creditworthiness of  someone that would have to borrow at those rates, but that is just learned bias!)

I intend for my comments to be thoughtful and courteous, although they will admittedly be biased towards what I believe and have found to be true.I appreciate others like you rounding out the dialogue with insights and observations that I don't have.  

I wouldn't be giving out that kind of information to tenants for any reason, but that's just my opinion and personal bias from being a professional tax preparation expert for 7+ years...

I wonder if there is any downside to ordering a couple appraisals and pleading my caseMy one thought is they may be biased because it was just purchase for low 220s.