Silent killers for cash flow on apartments are utilities and taxes, so make sure you have those really locked down on how much those will cost you.

Closing costs were like 2-3K  sorry I dont remember specifically.So at that point I have invested $23,000ish my monthly payment is about $765 for my mortgage and the HOA fee is $180 a month (killer i know)So my total payment is about $950 a monthI bought the property for exactly what it appraised for, which I hope to never do again. 

Originally posted by Jose Paradas: we are currently buying properties at the foreclosure steps in Orange county Fl and Osceola county and flip them, right now we are interested in single family residential properties, we mange about $800000 but not at one time due to possible current deals that have not close, we are currently available about 200000 Jose, if you're going to discuss deals they need to go in the market place.Nice portfolio, the float is a killer for note buyers, money in a cookie jar almost. :)

If the numbers are right, sounds like a killer opportunity!

Like you said, you could just wholesale it to them, if it's a killer deal.

I have a killer deal I was going to wholesale but I decided to keep keep because of the discount.

. $75/year is nothing, and what it gets you is ready to write an offer the second that killer deal  you've been waiting for this whole time crosses your desk.

Well Mileage is the killer on the lease fees

That is the deal-killer right there.  

Borrowing costs are low, a sustained drop in cash flow is still a killer for a nice chunk of the highly leveraged.