I know in the wild west of the Berkshires where I am involved there are plenty of those deals, but I guess you might as well invest in Timbuktu!

Our meticulously documented service calls and resolution proved very useful in the argument with wild emotion.When the Sheriff finally did the eviction we had not see any rent for 6 months in total.

Here's the analysis I've done:Reasons to sell:Incredible ROI already ($200k+) just on market appreciation aloneMarket appreciation unsustainable (12+% YoY is wild, and Boston is now more expensive than pre-2008 Bubble prices)In a few years, further appreciation could allow me to be debt-free (this condo could likely pay for a single family home in the burbs with no debt, with all of my extra income going into a REIT or passive index fund rather than another property)Reasons to keep and rent out indefinitely (20+ years):If I put it on the market right today, based on confident, conservative comps for rent, as well as my real-world expenses that I know would stay consistent (i.e.

I haven't met one of them yet that brought any deal..but they sure make wild claims as to value.

I'm very new to the process so anything you point out in my analysis missing would be appreciated.Here is a link to the property I'm evaluating for this exercise:https://www.neren.com/listing/241-Auburn/58116f360...Here are the details of my analysis:$235,500 purchase price of a 3 unit property in Manchester, NH20% down payment of $47,100Closing costs of $4,000Estimated rehab costs of $8,000Total down of $59,100Tenants pay own utilitiesExpected rent for each unit is $900/month = $2700/monthSetting aside for:Mortgage with Principal and interest @ 4.00% = $899.45/monthInsurance $98.13/monthTaxes $451.38/monthMaintenance buffer of $490.63/month (2.5% of purchase price) I know this can vary wildly depending on the property.

:-)(Well, of course that's using a partner in the area) But, you could fly in, do a flip and fly out and be more profitable with less stresssss and not have those wild Cali taxes to deal with.Think about That for a minute.The Housing Bubble in the Bay Area and L.A. can't last forever my friends.

Been a wild ride this year but I have never had a business kick off profits so fast as this business.

No wild swings in appreciation and it holds steady at a conservative 1.76% yearly.As for rental rates, really depends on the areas you want to be in.1. 

The answers for that are going to vary wildly. 

My five strategies are: Flip, Hold, Lease Option, Wholesale, Wild Card.Joe VilleneuveREcapSystemA2REIC