ARV $90,000Sale Price $49,900Repairs Needed $10,000Rent Range $950 per month

In the 500-800 price range, there ARE no decent homes available for sale.

Since 2004, annual returns averaged around 8 percent and ranged from 7.3 percent to 9 percent, but last decade returns were typically in the low-double digits, the investor said.The fund told investors it followed a "split strike conversion" strategy, which entailed owning stock and buying and selling options to limit downside risk, said the investor, who requested anonymity.Jon Najarian, an acquaintance of Madoff who has traded options for decades, said "Many of us questioned how that strategy could generate those kinds of returns so consistently."

I am writing this in the hope that something very unique and inspirational comes forth.

However, instead of cutting to a specific rate they have established a range of 0% to 0.25% for the Fed Funds rate.

It is in a neighborhood of single family homes that recent sale have shown range from 56k to 80k, those SFR have about 500 less square footage and are much older homes.

It sounds as though you have some unique expertise (on two fronts) that you may be able to offer.See you around the forums.

If you can get the first in the 4.75 range, you will have done very well.

Therefore, I would not excessively rehab a property if it is going to be used as a rental, especially in the price range that you're talking about.

If you had someone who had money and was happy with a possible $50K profit, they might pay $100K more.I think you need to be careful in these upper price ranges, too.