Purchase price: $645,000 Cash invested: $516,000 80% cash purchase.2,437 sq ft Duplex, with 3b 2b for the front unit (1331), 4b 2b for the back unit (1333).   

I wouldnt give any consideration to what the seller needs in order to break even in determining the purchase price.

Most get cornered into purchasing specific property types because its what their resources allow.

I have programs that require only 10% down for the purchase, and will finance 100% of the rehab.

Purchase price: $675,000 Cash invested: $250,000 Country estate with 2 houses.

I partnered with him and purchased my first property here in Columbus, OH.

Cleveland and Dayton can be great markets for high cash flow and low purchase prices, but you need to be careful when navigating the neighborhoods so you're not buying in a D/F class area where no property managers will manage and where you'll never see any positive cash flow.

Purchase price: $425,000 Cash invested: $5,000 ell after just 6 months of owning.

The substitute of collateral was more of a scenario where you sold for $155K, and instead of paying off the $88K loan in your scenario, those funds stayed at the title company and were used on a cash purchase happening nearby in date. 

If your current accountant is not a specialist in real estate taxation, you should look for one who is.Next time, you should also get a consultation to see if the cost segregation study will be helpful before proceeding with the purchase.