Taxes are reasonable as is Maint Fee.

@Jose Rueda: I'm selling my Villa Vizcaya townhouse in Miami Lakes:  Asking: $315kCurrently renting @ $2,000/moAssociation Fee (includes ins.): $230/moTaxes: $3,122/yrAs per @Gabe Amedee's explanation:Cap rate= 5.8% = (24,000-((230x12)+3,122))/315,000Any takers?

There can definitely be some hidden jewel neighborhoods in East Cleveland.

And then, a jury trial date is set in another three weeks (not sure why it was being granted as we have all the evidence to prove that the tenants have not been paying rent)Our lawyer advised us new fees for the jury trial... we have already paid for 2 trials, a sheriff eviction.... but I cannot see the end of it (since it seems like it automatically granted the tenant's right to drag the case and continue to live in our house for free ..) not sure how much more are we going to pay for the eviction legal fees and how long it's going to take...

I agree with @Nick Watkins on this. if you are worried about " fair price" hire an appraiser, few hundred dollars, and let them tell you and your sister the fair market price. then deal with this through the family. if you list the property then you are dealing with realtors, closing fees and taxes.

He wanted me to pay "lawyer fees" before providing funds for the deal I presented him.

I gave him a 3% "finders fee" (I didn't want to do the wholesale game where he put it under contract than "sold" it to me.

I hope this helps.Being it's your first one, I would advise hiring an attorney and you can call title and pay a small fee for that info. 

I had to let them know that it was a timeshare and all registration fees had already been paid.

There are also additional state fees that run into the hundreds of dollars in Connecticut just for having an LLC filed.