I would be happy to talk more with you about what your goals are and what you are more specifically looking for!

For my personal situation and goals this deal makes plenty of sense, but it’s not for everyone.

What is your long term goal for this particular property?  

Business mogul Gary Vaynerchuck talks constantly about "eating dirt" for a period of time so that you can reach your goals in the future.

Purchase price  = $130,000HOA = $90Rehab cost = $15,000ARV= $195,000Rent= $1200The goal is to keep this as an investment property. 

If you are needing assistance in purchasing or selling properties I have many resources I use to help you reach your goals!

We are in the same boat with our highly inflated market in Portland but have achieved our rental and flipping goals by working in the Midwest.

But my definite short(ish) term goal is to buy this home within 8 years.

to it.. real estate is a long game .. tenant pays off the house that's the ultimate goal get those houses paid for.. not all full of debt and run our numbers at 200 a door times 100 and your going to retire.. some pull it off but not many.. the real profit in rentals is someone else paying your house off for you and at the end of a 15 or 20 year run you have a paid for asset that hopefully went up a bit.For those in CA well you can truly get rich on appreciation and other markets in the US... not so much in areas of historic non appreciation.then you get the Houston thing were act of god wipes you out.. sad but true.

I started searching for a faster way.