Repair Costs: $2500Down Payment: 25%Interest Rate: 6.1% - 30 Years LoanRent: $2350 (current)Water and Sewer: $150 monthlyGarbage: $100 monthlyInsurance: $200Other: $275 (this is my HELOC payment assumption)Vacancy: 5%R&M: 7%CAPEX: 7%PM Fee: 10%Annual Income Growth: 2%Annual PV Growth: 2%Annual exp.

Property Radar is just such a robust tool.Yesterday I went and looked at a few Timber properties I was interested in  both of them a good 10 to 15 miles back into the boonies.the app comes up it tags to google earth and then one thing I am very good at is direction and finding stuff being an old land sales guy.I orient the phone and the app on the phone to north.. and in 2 minutes I found the parcels .. no address's nothing but the app and what's cool is the lot lines lay over the google earth.. what could have been and Easter egg hunt took me a matter of minutes.Now the only thing I would like to add to the app is USGS topos.. out here in our area is quite hilly or mountainous really. 

I do vinyl plank flooring.. and basics.. the water was leaking from which line?

Another thing that would be cool would is if there would be any way of somehow borrowing money under the age of 18.

Do you need to account for any extra expenses like water, trash, upkeep, etc?

8 mobile homes, 1 house.All mobile homes and house occupied.Room for one more mobile home.They own the mobile homes, rent the house.Tenants pay all utilities, including water and sewer.Tenants mow there own laenLandlord pays for plowing snow and dumpster.

Don't forget to bake in the cost of utility connections and meters (water, sewer, gas, electric) as well as permits.

I would pick a handful of this investors properties with the newest roof, hvac, water heater and then have the investor refinance 40% of the home's current value to a bank lendor. 

What about HVAC systems, water heater, roof, siding, electric, windows, etc.? 

Muddies the water.