No one can predict the future, but if you'd like I can send you a market update of how Neptune real estate is performing YTD compared to other nearby towns.If you do decide to pursue Neptune, my office just listed 3 properties there (one single family, 2 multi family) all at 60-65% of assessed value and for $175,000 and less. 

Rent was earning me $950/month and was paying 12% on property management since i live 3/4 of the country away...Last month i owed 34k on the loan still, but the last comparable property in the same property area sold for 139k prior to the fire, with the townhouse being rebuilt new here within the next year, i expect the value to increase with the updates in the rebuild...Just wanted to get some input on situation, im financially able to cover this $505/month easily, but i feel like there is something i could be doing to offset this and figured the creative minds on here would help me out.

In the long run, these costs are minor when  compared to the income I’ve earned.

I see the value of the homes you posted here are very modest  (esp compared to Charles Village) and I'd be interested in understanding what other strong rental areas exist outside the well known neighborhoods in the City.

We expected some carpet damage and that a repaint would be needed but in reality the wood floors are destroyed, windows need replacing, all carpets need to be replaced, cabinets require replacing or refinishing, and the grounds need landscaping.Originally our plan was to fix this home and sell it.

Compare the profits from flipping (accessing the equity) that you could have right now, to your monthly CF (total).How long would it take your cash flow to equal your equity?

Price point very attractive at 80k ( compare to 120k for houses close by).

I am sure the electrical needs upgrading and I will need to add a bathroom to make it comparable (3bd/1ba).

ContactNotesHere is an example of compare between 2 lenders: Lender 1 Lender 2 What % of the ARV is leant out The lesser of Up to 70% of ARV OR 90% of Cost (purchase price + renovation budget) Up to 75% of ARV for rentals, 70% for flips What is the interest rate?

Compared to a hotel, all of them are a steal.