You'll have very quickly increased your net by 45K against 10K start...it's just not very liquid is it.I'll stop there because I just looked at page 2, now your property value estimates are VERY NICE.

RE is a stable asset...future equity will be there even if there is no appreciation....your tenants will eventually create a nice equity nest egg for you. 

I enjoy a nice cigar, strong drink, and good conversation. 

I just wanted to acknowledge it is nice to see all the help from the BP community in situations such as this

Either way you can’t  predict those dynamics and purchase and sale transactions in my opinion should put a lot more weight on price.

Nice try though....

@Chrissy NelsonSo nice of you to respond!

In a market where the average sales price is over 98% of asking, I'm not going to invest my time in submitting offers that are 70% or even 80% of asking, unless there's some unusual factor that justifies it.Likewise the newbie wholesaler who has just taken a guru course and calls me with an authoritative tone, telling me that he's a real estate investor and wants me to find him a great deal. 

But now that I've found the BP calculators, I'm in love...and so is my financial planner, if for no other reason, it takes some of the weight of telling me "No" off of him because I can see for myself that it's a bad deal. 

My leasing agent thinks the applicant is fine and I’m a little hesitant so would greatly appreciate any thoughts.The property is a nice 3 bed / 2 bath built in the 2000’s in what is probably a B location around Atlanta and is currently renting for $1,100/mo.