Send me a note and I'll send you a free pdf copy of my book if you like.

@Terri DavidAdd: I wish I could remember the author's name (if anyone's interested I'll look it up), but he described SFR's not as "real estate", but rather, "FEEL estate".

There are a few other options locally I'll reach out to next week, otherwise I may be back next week asking the BP community for some alternate solutions.

I don't think I'll cash flow here, so I ran my numbers only on the money I needed to pull out to have no cash in.Financed amount is $100,000The monthly mortgage payment came out to be $435.59 per monthAt a 5.125% rate on a 30 year loan, I calculated a Net Renal Income came out to be $1,140 per monthI split the difference of the range and used $1,200 for an estimated monthly rent and added in a 5% vacancy rate.Expenditures came out to be $613.73 per monthI used an 11% property management fee, which was $125.40.I used $120 for capital expenditure reservesI used $60 per month for maintenance reservesProperty taxes were $225 per monthInsurance was $83.33 per monthThis put me at a Net Operating Income of $526.27 ($1,140 rent - $613.73 expenditures). 

Company will be funded by next week, and I'll be looking at investments (I currently invest now with personal money).

My niche is delinquent tax B and C properties in desirable areas with a predictable path of progress.Please reach out with your information and I’ll send a lInk to the presentation and/or set up a call.Time is of the essence!

I'll definitely look into it since we aren't on a hard timetable.

I'll get it right the next time. 

I'll explain who I am and that I'm interested in the house.

I'll look up those authors.