In my market, it is mostly unheard of to find screaming hot MLS deals...

If Trump tries to do nice things for RE investors the other side will scream foul and suggest self benefit agendas. 

Based on my research I could bump the rent to $1,100.The conservative numbers are as follows:Asking price: $120kOffer: $106kClosing costs: $3000Down Payment: 20% = $21,200Loan Amount: $84,800Rate: 5.125%:PITI: $541.72Gross monthly rent: $1,050Management Fee: $105 (10% + first month of rental)Maintenance: $100 (10%)Utilities: $0 (still validating that tenant pays all of them)Reserves/CapEx (5%): $52.50Vacancy rate (3%): $31.50Total Gross Annual Income: $12,600Annual Operating Expenses (no mortgage): $5,373Annual NOI: $7,227Operating Expense Ratio: 42%Monthly Cashflow: $131.78Annual Cash-on-cash: 6.53%GRM: 8.41DCR: 1.30BER: 86.62%I am still getting quotes from lenders though so if I do the following:Rate: 4.125% (buy the interest rate 1 point down or go with different lender)Closing costs: $4,000Rent: $1,100 / monthThen the numbers look more like:Monthly cashflow: $219Annual cash-on-cash: 10.45%This doesn't seem like a screaming deal to me.

Edging will kick your *** - your back and your hamstrings will scream.

So now, the landlord's get the $750 and send my parents a $150 check at the first of the month.The numbers just scream at me that this is a killer deal, the house will pay for itself in less than 3 years and they were asking $20k almost a year ago.

at $150,000 you'd have to factor in utilities, taxes, maintenance, insurance as well so and deduct from total income of $33,000 so the NOI would be around $10,700 and then you have debt service at $9300 so $1200 cashflow if everything goes well.If you push rents to market and get $5200 a month in rents then its NOI goes to around $32,300 which becomes a screaming good deal with a 21.5 Cap and 65%COC.

If they bought when the market was sinking like me- they were out on a limb  because no one was buying - my friends were screaming I was crazy but I just focused on cash flow and didn't worry whether the market would go down further or if I'd go under water because I was making ok money with the rent. 

AND- can the land lord scream outside to passerby people, and neighbors that the tenant has damaged the apartment?  

Hi, I just received a phone call from one of my tenants in a duplex that she had to call the cops on the other tenant in the duplex because he was up all night banging on the walls and screaming.

Not likely interested in anything in the 46806, 46807, 46808, Southside, Wayndale, etc...) unless it's a screaming deal.