The first floor tenant was paying next to nothing and the second floor tenant was also paying below the average and the utilities were covered by me.

I have seen duplexes listed that are at 120k, rental income 900 per month and the owner pays utilities.

I am assuming you would compare everything to a risk-free type investment like a CD or Savings Account and additionally maybe something like a mutual index fund for your analysis.For me, I believe I would normally pay somewhere between 700-900 on rent not including utilities.

Less credit utilization = Lower Debt = Higher FICO score.Everyone here we'll do there best to help.Good Luck,NavyDoc

There are courthouse sales, tax liens, utility liens etc and then there are public auctions usually for REOs, foreclosures etc.Best thing to do is go to a number of them and watch and learn.Good LuckNavyDoc

Do you run any anti spyware utilities (adaware, spybot and even some of the online virus scanners have built in spyware detection now I believe).

However, you can deduct all necessary and reasonable costs of maintaining the property, including taxes, insurance, utilities, maintenance costs and even a property management fee (if you have a property management business).  

I have a spread sheet I use to look at potential deals that takes into account most of the things that pop up including closing costs, realtor fees if used, utilities during rehab, hard money fees and interest, arv, purchase cost and alot of other junk.

Use the attorney to check that, for example, all necessary accesses are available and that rights of way have been established and any development will not cause rights of way conflicts.3) Check UtilitiesA thorough inspection of all utilities and their condition is mandatory.

This program utilizes an interest only (interest is capitalized into the mortgage) construction loan that automatically converts to a 40-Year Permanent fixed rate mortgage upon completion of construction.90% Loan-to-Value40 Year amortization40 Year Term (no balloon)No maximum loan amountLow, fixed interest rate, based on market spreads over the Ten Year Treasury yield.