@Anthony Liguori I have almost the identical e situation with my property I bought 6 years ago.

So like I said, it is all specific investment dependent.Back to the 2% rule, keep in mind that anyone who bought an investment using the 2% rule back in 2007 when interest rates were around 7.5% for non owner occupied loans and someone buying using the 2% rule last year where you could get a loan for say 4.25%, the investor buying last year would have higher cash flow even if the properties were identical because the debt service was lower.

There is a distinct area of our city the has a greater number of house fires and interestingly the police department crime map overlay indicating high crime rates is almost identical.

That should have read Bryan - good one when you mis-spell the name of somebody whose name is IDENTICAL to yours :lol:

NA CumminsIf you know who the owner is, there may be a chance they haven't used a land trust or LLC to "hide" their identity on the county treasurer's site.

I know that's on the low end, but it covers everything and we've never had a vacancy because identical condos in our complex rent for $1,250 - $1,400.

I will most likely be getting a refund this year, but someone had already filed taxes using my identity so I expect a delay from the IRS.

Nothing to that extent, I know someone who has an identical lot on the same street who is regularly getting offers for 15k-20k, so when I won the auction for 4700 I figured even if I run into minor problems ill make a decent return.

The appraisal came out about 15% below what it should have and the appraiser did not even count the sale of an almost identical property 3 doors down that was sold 2 weeks prior.

Nik, I had an almost identical experience as yours.