Is your county/city court system set up with online public access?

I forgot to install a mailbox for my rental property (just bought a couple months ago) after fencing off the front yard and preventing access to the house mounted box.

I will soon have access to enough cash (a new first on the VV property & existing HELOC) to get a running start (120 - 200k) and am starting to look at property and run the math through my head.

property management ~ 1400 (~10%)vacancy ~ 1200 (~8% with good niche market of students)Debt service w/PMI assume 4%, 30 year fixed = 590x12 = 7080Total expenses w/ debt service = 14,330Total yearly profit = $2470CoCR@1500 = 86%CoCR@1400 = 61% (pm/va values changed to reflect rental price)CoCR@1300 = 40% CoCR@1200 = 17%I have two questions regarding this deal.1) Are my estimates for expenses ballpark for your average house of this nature2) Does this deal make sense to do in light of the fact that my investment options are somewhat restricted by my requirement for a move-in-ready-homestead?

Some keep big cash reserves, others are more modest, others still keep access to credit with a little cash.

That of course is an option for you to use if you buy ...Tenants are difficult to schedule showings with, and they are uncooperative at best, that's why smaller buildings will usually be empty when the banks sell.Try offering cash or gift cards to gain access to see the inside, and to get info about the existing lease terms.

I did buy a lower priced course (around $60) to gain access to some paperwork.

I'm told this tenant has complained about cutting the grass, giving access to the apartment and painters working outside - he's been a jerk.Neither of the tenants pay on time, though the previous landlord didn't seem to care.

If there was a Hall of Fame for investors, Lonnie would probably be in it.It's too bad too that so many following this scheme did so as preditory dealers to the extent of having federal legsilation adopted to restrict the practice.I guess the best way to proceed is to make enough on your fist few deals, maybe sell the notes for cash and pay the fees to become a licensened mortgage originator and a dealer, otherwise you'll be limited to conducting business.BTW, Another similar "system" involves selling land, if it's zoned residential or can be used as residential raw land, it also falls under the SAFE Act.

It also has rear ally access.