(excluding all the fees)Stan

Please let me know if you see anything I have overlooked.Sale Price: $400kDeduct closing costs and Agent fees: $35kDeduct Rehab Costs: $50kDeduct Debts (property taxes, lis pendens...): $30kDeduct Holding costs (cost to keep the home until it is sold which includes utilities, property taxes, insurance etc): $2,250= Revenue after all debt paid : $282,750So my dad will get all his money back, my aunt will get roughly $250k and I will get $28k.

Well worth the membership fee, in my opinion.

Investor puts house all over the internet as a Rent to Own (10K non-refundable "option fee", $1200/mo, option to purchase at $145K in 2 years.

here is one of the best resource I have come across concerning websites in awhilehttp://activerain.com/blogsview/5109835/the-hidden...

The fees to set up a LLC are tax deductible.  

Our total mortgage amount is 165k and our total out of pocket is about 9k, that's closing costs, fees, insurance, appraisals everything.

Hoa fee is $430/mo each.

I'm reluctant to take advantage of these opportunities as I fee I just don't have the capacity to handle more than two to three at a time (even that's a stretch at times).   

I would prefer to stay away from FHA loans/fees if possible, but am open to scenarios where I can still make the numbers work with all fees/insurance.