That is astronomically low for the SFR management industry.We have extended, through lease renewal, 1,025 expiring leases this year and many at no charge to the owner.  

Most pans have a drain provision if you want to hook it up, but if you drain this thing to sight unseen you will never know about a problem until you or your tenant gets an astronomical water bill or something else breaks.2.

After we move out after 1 year, we will then be making positive cash flow of 2500 from now also renting the bottom unit (yes NJ rent prices are astronomical).  

This would obviously turn it into a quadplex, which (as I understand) would accomplish a number of things:-It would be a residential dwelling, so I could refi into a traditional mortgage instead of this commercial loan I'm on now-my insurance wouldn't be as astronomical; I've ran into tons of problems insuring this place simply because it's technically an "apartment"-there would be fewer tenants to deal with and fewer headaches1.

While anyone from Massachusetts will agree that inside 128 is great for long term appreciation, it seems like not only is it astronomical in price, but also not so good for cash flow.  

Flood premiums have raised astronomically

Just because you aren't going through a bank like Chase or RBFCU, doesn't mean that it is going to have the astronomical rates associated with Hard Money.Watch out for what they charge for their junk fees and find a title agent that you trust so you can control what you can control. 

My opinion is because America no longer makes anything and the dollar is our only real export, astronomical asset prices are all our country has. 

I live in Crystal River, so I am looking for a water-front property or close to it - astronomical prices, I must say!

I cannot raise on a current tenant $300-400.That being said- I will have a vacancy in April-May and it will be snapped up right quick at just below market.I have also seen a couple realtors/property managers come in at truly astronomical numbers and they are paring back a little each week.