Also you should think about management fee and factor in vacancy, taxes and insurance.

Some of the factors that may influence your decision: extensive presence of a particular asset class in the area where you reside, or where you’d like to reside.

It's hard to stand out.There are some owner-occupied segments with people who share motivating factors for selling their home.Seniors with Long-time Ownership: often ready to downsize or transition to assistance.Homeowners with Low Financial Stability Scores (FSS): Struggling financially and likely ready to cash in on their asset.Both these categories have additional advantages in that they probably don’t haven’t been updated and may have deferred maintenance.

Factors I'm aware of that might help determine the most efficient answer:-tax writeoff of interest portion of mortgage payment (most impactful during early years of mortgage) -margin of net rental income after all expenses -ability to qualify for attractive interest rates on additional mortgagesBasically I'm just trying to get the most bang for my buck.

The biggest factor was that this was our first flip outside of our normal Middle TN market and also our first one hiring in outside contractors.  

Just make sure you're factoring impact fees...they're usually not cheap and will likely apply if you're splitting the lot.

This could possibly be a factor if you did want to take the road out (assuming you can) but you'd need to get an attorney at that point.2- This is considered an alley btw and is very common for it to be used in the manner you described.

I've done my due diligence in researching and calculating the ARV which is around $194,000.00 Once I've done the math, and factored in my 10 percent assignment fee, I have the offer price at $66,400.

Ask other investors in your area what they're factoring these at: Maintenance - what percent of annual income should you subtract?

Certainly some factors, e.g. size of the facility, occupancy, geographic location (property taxes, hurricane or flood insurance) can effect this percentage.We consider a "stabilized Facility" to be 85%.