Coming from someone who grew up in and lives in the area, there are pockets of Wilkes-Barre and the surrounding area that are suspect.

Focus on getting the first deal done, then worry about moving on to number two.As with most businesses and investments, you need to have a game plan.  

I'm not saying not to send that much mail out becuase I generally tell people to send as much as you can because it's a numbers game.  

@Alec DavisWelcome to bigger pockets.

Bigger Pockets community, how's it going....

Bigger Pockets community, how's it going....

Based on your thoughts and a couple tweaks, lets try this again....Management -  5% - 119Insurance - $125CapEx -   lets bump it to 10% - $237Taxes - $291.33 - $2495 /yrRepairs -   10%  -  $237Interest and Principal - using the Bigger pockets estimate, this came out to $420.13 /month based on an $88,000 loan Vacancy - $118.75 - 5%Electricity $150Water ad Sewer $50Propane tank lease - 25Heat  - $75(Tweaked some of the utilities after learning more info from the seller)Total expenses comes to $1848$526 Cash Flow -  $263 per doorNext step is getting a contractor to take a look at the roof and foundation, if that turns out ok I might take a stab at this one!

Thank you Bigger Pockets Community!

My husband and I live in Fort Collins, and have been corresponding with Jeff Graves- a bigger pockets member who is a realtor and owns a vacation rental in Kihei. 

@Isaiah CobleWelcome to bigger pockets.