Trying to compare your neighborhood to mine.

Here is their deal breakdown: Purchase Price: $189,000 Down Payment (3% conventional): $5,760 Value Add: ~$5000 (Installation of A/C, plumbing updates, and miscellaneous items)Rent form September 2017-July 2018: $11,400 (Owner Occupied & rented other rooms)Rent from August 2018 to July 2018: $18,000Brian Glasser, the Team Leader in Kansas City, has hit the ground running with building his real estate investment portfolio.

It wouldn't hurt to price it out with another lender just to compare.

Or, start from ground zero and sell the house and start from scratch with the monies made from the sale.

This holds true when comparing all styles of real estate investing. 

We put it on FB and Craigslist with an aggressive weekly price compared to the competition but wanted to know if there was anywhere else someone could post it to get traffic.It has great space, on the biggest lake in West Michigan, dock, good parking, nice yard etc.

Wish I had BP at my fingertips when I was starting out - let me know if you're coming up this way (Plymouth....) and we can compare notes......

Good stuff up there.With me, especially because I've only accrued about 12 months experience in Chicago where we are buying right now, anytime I cannot identify true, apple-to-apples comparables, I might just pass on the deal altogether.Especially in Chicago where you have several types of homes (bungalows, ranches, cape cods, georgians, etc.), you really cannot comp one with the other unless it's the same style.Here are some general tips when comping homes:Never cross any major highways, and try not to cross any major streets if you can.

involved that we would owe our realtor compared to a normal real estate transaction?

involved that we would owe our realtor compared to a normal real estate transaction?