-Steven the Tax GuyYour guide to IRS Laws, rules and regulations.

Ranking for certain keywords can be valuable, but if you can't convert those to leads or customers, what's the point.

So, $1,000 of income from a rental can be more valuable than $1,000 of W2 income.Further, when you do sell, you will pay recapture tax on the deprecation taken or allowed.

If the Cap rate is indeed 25 % you may be buying into a less desirable part of town with issues that could cost you money in the long run.You need to have someone you trust in the area to guide you.

Your gross rent would be upwards of $2000 per month and your net income would be in excess of $1000 per month, perhaps somewhat more early on before maintenance catches up (initial investment assumes a good rehab.).You would have the cash to pay back the loan if you wanted to rather quickly or you could re invest in similar properties as you accumulated more capital.I am basing my expectations on the 2% 50% guide found on BP and have been exceeding these numbers at least in the short run.these properties are in C areas which I define as lower income working class areas.

Just don't try to deduct mileage to inspect that property ;) -Steven the Tax GuyYour Guide to IRS laws, rules and regulations.

That was better, but I was still trying work backwards from gross rents and include debt service. 50% isn't perfect, but it's a great guide.

-Steven the Tax GuyYour Guide to IRS laws, rules and regulations.

It just doesn't make sense to spend you valuable time on the problems (both in real estate and in life).Look at all the people that waste years and years of their lives, suing people over a deal that didn't go their way.

thanks for your valuable input.