If this contract states a flat fee, then that would be the amount you are charged regardless of rent collected.

The main reason I am trying to become a broker is because I am looking for a fulfilling career where I can help people, build something and do not have to sit at a computer screen doing mindless tasks for 8 hours a day. 

Closed and one week later after screening about a dozen and a half people over the phone and showing it to a half dozen I signed the lease with tenant and he was moving in a week after closing.

If flat roof needs repair you are talking immense cost.

TLDR: Seeking advice on whether/how feasible purchasing a three-unit RT-4 to convert into owner duplex and one income unit is and still qualify for historic tax credit adaptive reuse incentives at federal and state levels, and welcoming any service provider recs to make it happen.The property under consideration: an 1880s 3-flat with a full unfinished basement. 

This deal is located in NW Indiana numbers are roughly estimated, I am planning to buy my first rental property with FHA loan, live there for one year, then move out and rent it out, Screen shot and Link to the file are attached below.

This deal is located in NW Indiana numbers are roughly estimated, I am planning to buy my first rental property with FHA loan, live there for one year, then move out and rent it out, Screen shot and Link to the file are attached below.

I'm working on a thin deal sub to now but will go ahead because I like the neighborhood and floor plan and its a ranch on a large flat lot.What I look for;   margine between rent and PITI to be no less then $300. 

The online calculators should really be used as quick screening tools to rule properties out.  

Rentometer is like ZIlliow in that it lumps stuff together and treats them all the same.With apartments.com, you can screen by ZIP (or other location), usually, you can get a picture so you can eyeball if its a match, the size of the complex, and some amenities.