Below is a screen shot of the tool with typical Las Vegas values, a 4% return and $1000/Mo. rent.What the above shows is that the estimated maximum price you can pay for a property in Las Vegas that rents for $1000/Mo. with a 4% return is about $168408.

We feel we have a decent team set up for our first flip, but are having trouble finding a good home in San Antonio.

I make a pretty decent salary (nothing exciting).

Sure I'm giving up a decent chunk of profit but half the profit is better than none of it. 

Basically you want to be sure that the association is doing a decent job of managing the property, otherwise you could be in for a very unpleasant surprise in the form of a drastic increase in your monthly fees or a costly assessment.

We lived in a rural area at the time so there wast not a whole lot of business but we did make a decent living with it.

Any low cost ways to make it look decent?

It's in the banks' best interests to say that they give owner occupants a first shot at properties -- good for communities, neighborhood stabilization, etc. -- so I think they're probably here to stay.

Hello, my name is Michael Kuhn.After going thru a Lifetime of bad experiences, suffering, & challenges over the last 8 years, we are starting a new venture to help us make decent money and gain back control over our Lives: Real Estate.  

I believe a decent advisor can find a new home for a significant portion of the cash in equities that will give them an acceptable principal protected return with low fees.