Greg makes a great point about reaching out to active brokers, those connections can be invaluable.

  $31k after tax annual income - $11k rent = $20k or $1,600 per month net income left to cover all other expenses (utilities, cars, insurance, groceries, kids, activities, etc.).Median household income for 38128 is $41k or $36k after tax

My role will be running day to day operations/ property management/ taking calls and running all activities after the rehab.Our initial thoughts are 1/3 equity.Quick Rental details: we purchased the home for 30k.

He attached a screen shot of the still active license.

What ROI do you need to justify the liability and active nature of owning a rental property?

Jaco Beach, known for surfing and close proximity to the San Jose airport started new construction projects, that will require an increase in the variety of activities for the tourists.

Others who are active within the program may have other intel to share.

We are actively submitting LOI’s and interviewing PM’s, inspectors, and insurance agents.

did 3   one broke even only because sponsor made everyone whole at exit which I suspect is quite rare.other two are perking along.. these were Class A apartments in Upper mid west promote was not some sky rocket return and frankly I can do better on my own.. but it was end of year so I was looking for some cost seg. 

Listen actively to their needs and concerns.