As @Sam Grooms mentioned, the preferred return is not a guarantee.

@Sam RustAppreciate all the advice, will do!

Thanks @Sam ShuehWow, $25,000.I property purchase was a foreclosure.I think I picked up a pretty good deal in current market.I have had a number of realtors view the property, the feedback has been very positive.Location is excellent and this neighbourhood is hot, prices are moving.I have also looked at comps and anywhere from $130,000-160,000 dependent on the size of house and the quality of rehab.I have also had rental assessment come in at around $1100-1200 per monthI pretty much have now made up my mind to hold and rent this property.

Sam

@Sam Grooms Yes, this is what my research has shown so far.

@Sam Grooms is on point.

@Sam Grooms makes sense, I guess mainly I am wondering from a snap shot 10,000 ft level what an overall picture of a market may look like.

To me its mingling personal business with business business.Sam  the human being pays the mortgage not Sam llc.   

As Sam S said too, I avoid lawyers too 😊

I agree with @Sam Grooms.