Here again, this sort of work is getting turned over to my son.As far as long term, big ticket items, I think you just factor it in as a constant amount.

I don't know fine details of the how to do this, but that is a round about answer.

., etc.There are also big ticket items that are paid for periodically, like a roof or sewer line.Cash flow is the amount of money left in your pocket after all the money you spend EXCEPT the mortgage (the P&I part, not taxes and insurance.)

THESE RESTRICTIONS SHALL RUN WITH THE LAND AND ARE NOT PERSONAL TO GRANTEE.THIS RESTRICTION SHALL TERMINATE IMMEDIATELY UPON CONVEYANCE AT ANY FORECLOSURE SALE RELATED TO A MORTGAGE OR DEED OF TRUST.â€(Sales representative to calculate value to be inserted in paragraph at 120% of sales price rounded to the nearest $100).I’ve seen this filled out a few ways, including the words “120% of purchase price†instead of the $____, or just the actual number.Note that this restriction does not prevent you from wholesaling a property as long as you make less than a 20% margin.Not too that the second paragraph prevents you from borrowing more than 20% of your purchase price for rehab or refinance money via a second.Transferring the beneficial interest in a land trust or membership interest in an LLC will usually get around this restriction.

From there, that's an 8-cap, rounded up.It's not the best cap rate you can find, I'd look more towards 11- and 12-cap properties, but there's also appreciation to be figured in.

People will charge what they can get away with.

I'm usually all-in for around $75k per deal, and am at about 6 months round trip.

If they need supplies, tell them to round them up and you will swing by and pay for it yourself.

These are not houses that would rent year round.

Some, but not a lot of sympathy for the homeowner.I'm waiting for the pending rampant inflation in our "recovery" to spark another round of rent control inititiatives, like in the early 80's.