Ok so im just look at apartment buildings, here lookFinancial Information * Tax: $8,747.69 * Tax Year: 20 * Total Monthly Income: $5,030 * Total Annual Income: $61,860 * Gross Rental Income: $56,160 * Gross Rent Multiplier: 12 * Net Operating Income: $47,140 * Annual Parking Income: $2,700 * Annual Laundry Income: $3,000Expense Information * Total Annual: $13,820 * Total Annual Year: 20 * Electricity: $581 * Fuel: $2,140 * Insurance: $1,371 * Water: $980Ok Net Operating Income is $47,140 does that mean i still have to still subtract the PITI and Expense from it?

My thoughts would be to faster grow your development in so Texas or into hard money.

I would normally not consider them except that, as Will pointed out, condos collapse a lot faster than houses during recessions and that has happened in Phoenix.

He stressed his commitment to helping the poor achieve middle-class status and said, "If we can grow the economy faster and create more jobs, then everybody is swept up into that virtuous cycle."

Refinished hardwood floors probably won't increase your rent, but may help it rent faster.

Sorry, for the Type-Os my hands are moving faster than my mind LOL!

I own one now and plan to own 4-6 by end of 2012 (or sooner if any sign the market will pick up faster - no sign of that now).What I am buying is smallish condos (500-100 sq, ft.) on the intercoastal areas of Flodida Gulf coast in or near cities or larger towns (not in remote areas).

Will,As you know, these answers are already in place for the most part, so linking them is far faster than re-typing anything.

This keeps fuel and time costs down because we are not running all over town.

If it has a well, you'll want to have that checked.Some things that you might come across, such as underground heating fuel tanks, might not even be worth inspecting.Other things can be tougher to inspect, such as chimney linings.