It will be from this effective Gross Revenue that you will deduct the operating expenses (property taxes, utilities, maintenance {but not capital improvement}, landscaping & snow removal, garbage collection, pest control, etc.) to arrive at your Net Operating Income (NOI).From your NOI, you would pay your debt service and any reserve contributions for future Capital Expenditures (the big-ticket items which are capitalized with the property: new roof, HVAC replacement, etc.).  

I'm inclined to give them a heads up regarding when the Sheriff will be arriving, but I have some reservations.

I have arrived at the absolute answer to “Wholesaling in N.C., legal ?”

If pests were not the issue 3 months ago then they might have infested after your arrival.

In fact, 10 years compound interest for $60k at 15% would arrive at $266,413.Which means your ROI is right around 15%/y - NOT $66% (given that it's fairly cash neutral otherwise, and the value of the Duplexes doesn't actually go DOWN - plenty will).So I'm still curious about your 66% ROI reference?

How did you arrive at this conclusion? 

Just arrived in Phoenix a couple of weeks ago and am hitting meetups to network with people who likely have answers to questions like yours and more.

Hi Tiffany,One of the aircraft carriers (Nimitz) is supposedly headed back to Bremerton, so there will be an influx of new tenants arriving soon.HUD has a great portal to view fair market rents in any market. https://www.huduser.gov/portal...  

Hilltop is a killer location and as well what has already started to "arrive".

If you had remote locks on all doors and alerted current tenants you could potentially get on a video call with them when they arrive and show it to them remotely, unlocking the doors for them.