So Ill hang out and here and read the topics everyday, as well as find some investment forums here in Arizona.

Ill be honest, I have no buyers but from the ad campaign I expect to hear from both.

The "partner" gets a mortgage against the property and is named as an additionial insured to protect his interest. ... have a crew showing up ... ill run a couple other scenarios laterhope that helps

Also a good point that if i do not end up doing an owner-occupied investment, i need to consider that ill be making frequent trips to the property.To clarify the rents i stated, i was trying to lay out the situation where the rent for the owner-occupied unit in the bronx ended up being able to collect more rent than an apartment in manahttan.

I may be young but I hustle and if the deal is doable ill make it happen.I really want to build a network of investors, brokers and contractors of the sort and do whatever I can do to help them also.

and welcome to the BP forums. ill post the expenses i factor in when i analyze a deal. u can then put in your variables and determine what your deal looks like.Rental income: 4000Maintenance: -600Mortgage interest: -837.5Vacancy(one month): -333Management fee: -400Insurance: unknownTaxes: Not relevant todayMortgage principal: unknownUtillities: unknownMarketing: unknownWhen you determine these monthly costs you will come up with a monthly cashflow. then you must decide if your return is good enough for you.

Ill take some pics and send them to you.

I have until 5:00pm tomorrow to either keep the deal or back out so Ill let you guys know what I decide.

In addition to what was said, I 'll pick up the phone and call a few PMs in my target market and check with them. 

We use Proper as well - so ill be on the look out as well if they do that with our policies.