Hello Fellow InvestorsI am considering investing in a buy and hold with a friend. The details are below, please let me know if there are any legal or financial issues that I am missing.1. My friend is buying a SFH wit...

I believe that some of my skillset is great for development because I have a an analysis background as well as networks within the government.The issue that I am having now is acquiring funding for the properties and not sure how to go about doing it.

Thank you Elizabeth Colegrove I plan to inundate myself with information and try to avoid analysis paralysis at the same time!

So my analysis: Rent at: $850 include gas heat [costs 100 to 200 per month average out one year] one garage space $60 Rental income: 1760 [annual 21120] vacancy rate: 12% 211.2 [2534.4] net rental income: 1548.8 [18585.6] Gross income: 1461 [18585.6] Property tax: 2661.29 insurance: 800 property and repair: 20% $3717.12 Gas and heating: $2000 annual total expenses: $9178.41 NOI: $18,585.6 - 9178.41 = $9407.19 Cash Flow = NOI – Debt Service: $5953.71 = 9407.19- 3453.48 [30 year, 10% down 4.25%] $4126 = 9407.19 - $5281.08 for 15 years same terms Cap Rate = NOI / Property Price Cap rate: 9407.19/65000 = 14.47%Am I missing anything?

Do a cash flow analysis if the HOA can meet those needs.   

I already feel comfortable with presenting the deal analysis reports but would like to have a PPM statement as to risks to attach to those.  

Hopefully I will soon be able to share a success story like yours.Lisa (stuck in analysis paralysis)

I plan to have it re-appraised in March because our market prices have risen 6.2% since then to drop the PMI (I'll post a deal analysis on this property soon).

Your analysis looks good, but a few notes:Without knowing anything about Chicago, the insurance numbers and taxes especially look astronomically high.

What kind of analysis are you using to determine you will net $1500/month on this deal?