Hey Steve- sounds like your numbers are almost identical to what we see here in Boise.

Kids are inundated with consumerism and $150 sneakers and $800 iphones.Mr Ramsey is trying to protect the consumer from stupid financial decisions like "Paycheck loans at 31%", etc,   assisting the poorly educated about finances, nothing wrong about that.What is available for freewww.FTC.gov has a HUGE amount of free credit info and free identity theft info. 

Both properties have identical fair market values.  

With a loan, you can buy these two identical houses for $20,000 down.

Gramiccioni said.Biello offered to help a Keansburg man refinance, but actually took the man's credit cards,made fraudulent loan attempts using the man's identity, Gramiccioni said.Biello engaged in similar activities two other times.Biello used fraudulent documents in a short sale 

., property appraised for $475k so we pulled 70k our by refinancing into a 30yr @3.75% with a principal+interest payment of $1600 + 300 for taxes and insurance and rented it out for $2500/mo, renter pays utilities, we manage the property, new loan amt is $340k.Other identical townhomes in our development and others like it have sold for $600k, so I would say that I could conceivably sell the home once the current lease is up and walk away with $200k factoring in all selling costs.I expect that we will be able to raise rent to 2700-2900 in the next 2 years or so and possibly up to 3200 in 2021 as there is a light rail being constructed that will drive a lot of demand from people commuting to downtown seattle.Specific Questions:Since I refinanced and took my initial investment out of the property, this seems to skew all of the standard evaluation metrics (IRR, Cap Rate, etc...), if I factor equity into the equations this looks like a terrible return and if I don't its a great return. 

All four leases (it’s a 4-plex) read identically but only one is a section 8.

Account Closed Do you know if the new HVAC units will consume at least 50% less energy through HVAC functions than that of an identical unit that is non-energy efficient?

They are all free here.Dance of the Money Bees - goes into the stock market manic mentality, on how markets swarm up and down, clearly applicable to the RE market as well.Guide to Dividend Investing - the thought process is identical to cash-flow producing properties, where the cash flow is the dividend!

Hi Joe, That is close to the identical process that I ran with my first rental.