I have done a fair amount of rehabbing over my lifetime and am very resourceful when it comes to building things, making things work/look better etc so fixing houses is an easy transition for me technically speaking.

Rent is at 3 percent because the two renters have been there for awhile.

There could be mold in the walls around that trim and wall area that is wet.You are right under 1% with your rent to cost ratio, but when you add on ten percent more to the cost basis, you are too far under the 1% rule for it to be worthwhile.But, run your numbers with the house price, inspection repair cost and the 'full rehab' cost to get the higher rent and see if it is near the 1% rule.

Cash on cash should go up over time (you can test your rising rents theory s I’m sure there’s a spot you’re entering rent increases as a percent (put 0%).On the other hand, ROE: return on equity will go down as you’re adding equity and only saving interest on paydown and generating no extra “income” with appreciation.

I have found cash on cash returns of 8-10 percent possible in this area.

The TV News story made it sound like a several hundred percent property tax increase.There was also some vague news story about zoning enforcing a specific number of non-married individuals living in specific square footage.

Currently most markets in the US is short on Inventory, so lets say we see a market slowdown, so days on market increase and maybe a slight downturn in prices, and I mean slight if any, the reason prices dipped last recession is because the sellers (banks) could discount to get properties sold, setting lower comps. and many homes were abandoned and blighted. now there are not many blighted homes compared to then, yea in a down turn a few people will lose there homes, but we will probably never see in our lifetime another 5.5% foreclosure rate like at the worst point of the great recession.

I am pretty specific with everyone that I've contacted but they contact me one or two times, send me MLS properties, put me on an automated email mailing that send me generic in-house listings that don't make sense and then I never hear from them again..........what does a person need to do to find someone who has 25 percent or more for a down payment, already has a holding company and other LLC's and has already invested in other out of state properties?

So for instance if interest rate is 4 percent fixed for 5 years then the next 5 years instead of MARKET RATES which lender like to do the language says prevailing market rates up to a cap of 6 percent.This way you can model out worst case scenario putting the debt at 6 percent and seeing what it looks like for years 6 to 10.

My home is not a million-dollar property, but it is in the top few-percent of home values in my city.How do I find the right property manager for this house?