Rental property valued roughly 370k, I owe 160k and a 40k balloon on it.

Just because the true supply of Bitcoin is very stringently determined (one new Bitcoin mined roughly every ten minutes, no matter how many people are actively mining) does not mean that someone cannot extend the derived supply of Bitcoin through the use of debt (think fractional reserve banking).Crypto is still too volatile to be money. 

This will give you buying power up to roughly $700k as there are plenty of lenders who ovver 90% LTC loans while offering 100% of rehab funds. 

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Starting in Highlands neighborhood (or northside) which used to be a very rough part of town, is now the one of the top 3 most desirable are in the metro and this has slowly trickled down into neighborhoods south.I am an engineer so I love to base my decisions on data, so for example looking at census data, I like to look at % of high income earners in an area to gauge if I should invest or notFor 80204 which includes the neighborhood of Villa Park, in 2010 the % considered upper middle/high income was 4.2% of households. 2022 census says that now it is 40.5%On the other end is 80219 which includes the neighborhood Westwood which would have the lowest income area on my list, in 2010 Westwood had 4% as well, by 2022 it had 21.1% high /upper middle income earners.I have properties in both and tenant applicants are a wide variety (lower income folks on rental assistance to high income earnings wanting to rent in an area before buying a home) so its hard to put a property class in this area. 

The potential NOI and cash flows seem to be roughly double what a comparable ‘vanilla’ multi-family would be at the same purchase price (such as a 3-unit apartment building).Many of the 14 bedrooms had not been fixed up in decades.

Once I add VRBO then theoretically roughly half of my bookings are going to come from VRBO.

Subject house math:-Purchase: $200k-Closing, rehab, to date carrying costs: $65k-ARV $400-425k-Rent $2900-3100-Taxes $9k a year-Insurance $1500 a year (Estimate)My math works out that if I refinance and pull all my money back out (LTV ~62%) I will have a total monthly cost (Tax, insurance, P&I) of about $2450 leaving roughly $500 cash flow assuming I manage the property myself.

The costs ROUGHLY range from $105-$120/ft for new construction single family on the low end (if you're careful on costs/finishes, otherwise you can easily run way over that with more expensive flooring, appliances, etc.) and multis can run $120/ft and go way, way up from there. 

., and Anderson Ave.Assuming your unit's value is consistent with the average unit sale, you'd have a roughly $90,000 gross profit.