The average monthly costs would be ~$1130, leaving between $170 and $180 potential monthly cash flow or $1,750 for the first year. 

In the case of direct mail, it is important to remember that on average it takes a few touches before the potential seller actually picks up the phone and takes action.

I have been very involved in the solar industry for about a decade now, and more recently bridging the space between solar and real estate.

https://www.har.com/content/newsroom/Highlights: Single-family home sales rose 5.3 percent year-over-year, with 5,260 units sold;Days on Market (DOM) for single-family homes decreased slightly from 67 days in February 2017 to 65 days this February;Total property sales increased 3.1 percent with 6,375 units sold;Total dollar volume climbed 4.5 percent to $1.7 billion;The single-family home median price rose 1.4 percent to $226,200, which represents a February high;The single-family home average price edged up 0.4 percent to a February high of $281,945;Single-family homes months of inventory shrank year-over-year from a 3.4-months supply to 3.2 months;Townhome/condominium sales fell 5.1 percent, with the average price up 2.0 percent to $210,887 and the median price up 4.6 percent to $170,000;Leases of single-family homes fell 11.5 percent with the average rent up 4.1 percent to $1,720;Volume of townhome/condominium leases dropped 11.5 percent with average rent up 2.2 percent to $1,515.

, as your instincts to seek a second opinion were spot on.Many CPAs serve countless industries and can result in them being too overwhelmed/busy to know the nuances of RE.But congratulations on getting through your first flip!

Also, my father is well established within the commercial HVAC industry in Kentuckiana.

I'm also looking for guidance in this industry and becoming an overall better investor.If you would like to connect with me, please do.Thanks,Pascal

This is derived from a model developed by the credit industry and would include homeowners who are just over-stretched with high mortgage and not enough income.

Appraisers aren't necessarily up to speed on the nuisances of the industry and can mis-price the asset.

How money flows and the basics of finances and economics to better understand the banking and mortgage industry.