Mortgage/month $1,422 Vacancy 9% rent/month $212/month Maintenance and repairs 5% rent/month $10/monthCapex 10% rent/month $20/monthProperty management 12% rent/month (for when we move or don't want to self manage) Property taxes 2.1% purchase price $524/month (I know you can find the exact numbers, but this spreadsheet is meant to examine other properties and that is the average based on multiple properties). 

I actually wanted her to be in the house (for security reasons) but she didn't want to be there and it was nerve wracking because she left her jewelry all over her bedroom and I had to be extra careful (especially with bigger groups) so nothing got stolen.

Quite the "lurker" type at first, similar to the way I use Facebook..heh heh, After listening to a few pod casts and browsing through the forums I finally worked up the nerve to pull the trigger on my first rehab & hold property, thank you everyone at Bigger Pockets for the giving the confidence to take the plunge! 

Here is a good site to check out Pubic records onlineIn the case of a tax sale property, the foreclosure process has to be examined to determine if there could be any challenges to the case.

I use the analogy of "Be a Doctor" with the seller.Follow the three-part sequence of [b]examination, diagnosis and prescription.

I just didn't want to keep getting bombarded by advertisements which is what happened when I passed my Class A Air Conditioning license exam in Florida.

Before you buy out your brother, let's examine a couple of questions.

The co-signer is her elderly father who is bewildered by the requirement of the PM to examine his financials as if he was applying for a mortgage and just about throws in the towel. 

After he died his brain was examined to see if it was any different. 

I lean more towards buy and hold as well but agree that you should re-examine the numbers and see if you would still buy.