I just think it's funny how some people (not the OP or anyone in this thread specifically), like to romanticize the "free market" until it effects them in a negative way personally.

Rent about $2,800 and cash flow about $800 after cap ex, op ex, etc. 

Just wanted some feedback from any other BP members who are location independent, have worked with co-ops, international RE, or just curious.Thanks, George

I feel sorry for some of the OP asking questions and then, apparently, getting pummeled with messages with people trying to sell them something (sigh).

we had another a short while ago post where OP said their accountant gave them back all their receipts and wanted them to sort it themselves. 

Something for OP to consider possibly.

In today’s high rate market, 1% ratios do not cash flow at high LTV in most markets.   50% expense ratio $2550. 80% financed at 7% (OP indicated and does not include the plumbing) P&i $3,332/minth. $5100 - $2550 - $3332 = -$782/month after achieving market rent.  

I'm looking to for a personal property for myself, I found a really cheap 1br co-op unit.. this is in New Jersey.. especially in the area wont find single family or townhomes, under 300kThe price of the co-op unit is around 130k, but co-op wants a cash purchase also the fees are $600 a month which are the taxes and HOA feesyou have to live there 1 year before you can rent the property out.. rent for this unit goes for $1600 a month my plans were to live there for 1 year and then rent it out. 

I know OP has already passed on this one but I was with @Bob Stevens on this oneI assumed 185K sell price minus 10% or so for commissions and closing costs and wranglingso that's $166,500purchase 90 + reno 40 + closing 12 (I assumed this was points and whatnot on the buy) + 6 hold = 148K all in - 10K contingency 158Kso... 8500 profit or sotoo tight unless i am missing something (like the 12K 'closing costs')

Consequently, I have the privilege of gaining insights into the behind-the-scenes discussions that occur when individuals like "OP" walk into their office.