You can also expect increasing HOA fees, and there may be some problems renting a property inside a difficult.You don't have any experience, prices are at an all-time high, and rates are also high. 

Aloha does updates on the property and claims they still have confidence the property will sell, and we'll get our investment back plus all interest owed since default.   

It would actually be a net PROFIT given the huge increase to tax revenues. 

I have had people tell me they like the property, though, so I'm confident that I'll eventually be able to find people.

I recommend you do this annually to adjust for utility increases and other variables.

Many of these areas also benefit from both rising home values and increasing rents.Ultimately, successful investing comes down to selecting a growing market, a strong neighborhood, and building a reliable team to support you.

Am I going to make money on it, is there a value you ad opportunity so that I can fix it up increase the rents and thus increase the value of the property.

You may need to increase or decrease the expenses based on your situation.

For me, I could handle the increase in cost and still pay much less than If I got a 4/2 SF.

Be frugal, have a budget and use your time to increase your income