It's highly likely that Wells knows the owner is an active duty military service member.

Now let's look at the numbers (Monthly)Average rent/unit = $775Gross Income with 94% occupancy = $24,02550% gross income for expenses = $12,012Bank Mortgage payment for $1,875,000 @ 4% 30 year = $8,952Seller finance $375,000 for 6 years @ 4%, with interest-only payments = $1250Private money loan payment for $300,000 for 6 years @4% also with interest only payments = $1000Subtracting all expenses and debt service from gross income gives me = $811 in cash flow which I would set aside to use only on the property.

I usually charge the rest of the rent for the month.

As rent increases with inflation, the rest of your numbers will follow.If buying a condo, thoroughly review the financials and make sure reserve account balances are in line with the most recent reserve study.  

The one house I'm looking at has over 1300 square feet and doesn't look that bad (Compared to the rest of the town).

What fees do they charge for their services?

Then the inventory is even further limited for the rest of us who know the numbers and aren't willing to pay list price.MLS deals have been slim here, but hopefully next spring will prove different.  

From your profile pic in uniform, you might want to explore whether you meet the service requirements to qualify for a VA loan.  

Hello to all-@Andrew Hall - Hi Andrew, sounds like a great plan you have put together.If you would like to work with a servicer on your seller financed properties plan, I would like an opportunity to talk with you. 

When it comes to the home remodels and renovations, there are many construction companies offering specialized services.