This is a process post and not an advertisement. 

Cash flow will increase when/if rates drop.2.

Now other 2/2 in the neighborhood are running Rent rates of $1100-1150. 

So for example a property you buy for $500,000 with a $300,000 assumable mortgage note with an interest rate of 5%.  

Check their nightly rates, occupancy and amenities.

Why sell if your rate on the house is good and you could have two cash-flowing rentals there, the main unit and the basement unit?

@Jason L. start advertising NOW to gauge interest.

Today’s Interest Rate: 7.02%(☝️ .04%, from this time last week, 30-yr mortgage)Good News Day!

Pick your plan, look into the Kansas City area, use market comparisons, check your money power, look into loan options, put together a team, check cash flow, ROI, and Cap Rate, and make your bid after careful checks and talks.

If you purchase a property, many of the costs on the closing statement are added to your basis.There may be some items that are eligible for an immediate write off such as pro-rated taxes, interest, insurance and hoa dues.