Does seem unusual that ALL your deals went sour, even the law of averages would have at least seen a couple come through or break even though?

In LA, for a multifamily dwelling, it's very unusual for tenants to pay water / sewer... that's usually on the landlord.Overall, I think the yield is sub-par.

It would be very unusual for the loan mod trial terms to not require that the property be the borrower's primary residence.  

I currently have 5 properties and unless something unusual happens I only spend about an hour a month doing paperwork.

I'd have to say this would be highly unusual.

Short answer is no, many places 70% is not realistic unless you don't also subtract rehab and are willing to settle for an unusual property.

A 10% increase means you lose $3000 on the deal while a 5% increase makes for an $8000 loss.Ben Bernanke himself says the economic outlook is "unusually uncertain".Buy a house that makes sense right now.

Nothing unusual, just the regular stuff.Say you bought a building with a roof that was passable.

But since you don't have written contract, the contractor can demand payments for what he believes is work already completed and you don't have a whole lot of recourse since you didn't have this payment schedule pre-arranged... its not unusual to have 3-5 payments over the course of the project that align with milestones of project progress. so divide the entire project bid into thirds or fifths and pay out based on what your contractor agrees with and work these out in advance next time.

Here's the deal.rental property is about 45k, currently rented 700 a month. We think we can get it to 900 in 2 years. Recently remodeled, new roof. But low income area so very hard to get a good PM to take on the PITA...