Then it just becomes a math problem on the increase in property taxes vs the state income tax of other states.

Then it's just math.

Other factors are condition, amenities, year built, lot size, bed and bath discrepancies, etc.Comparing and analyzing comps is not just math, but also an art.

A savvy investor will do their homework on any property and make an offer that will get them closer to their goal.

While advanced math is not necessary for an investor, you do need to train yourself to be more proficient with looking at deal numbers.

However, with our mentor's advice (who has apartments and commercial, and has for 40 years), and being there EVERY day, and knowing what is going on in the community, I feel that we have done our homework.

Beware, passing rehab estimates that are too low and ARV's that are too high will make a bad name for yourself so make sure you do your homework right.You have an advantage as a BP member to post a potential deal and the numbers and ask the experts here at BP Nation.

The person who bought that unit at 53K did not do his homework, and will most likely be unpleasantly surprised.So besides the standard dues, there is now a special assessment, and next year another probably.

I started doing some math: I have been paying mortgage payments since 2006 which amounts to approximately $169,100 in total payments (this doesn't seem correct but I figured my average mort payment since 2006 was 1,900 and I made approximately 89 months of payments x 1,900 (month) = $169,100) CRAZY!

Fuzzy math?