We are just speculating on the upward moving of this market because the house price keeps rising and there are organic factors that support it so in a moment we think negative cash flow can gradually be covered by picked up rising rental rate, but i guess its not financially sound on this deal

The current owner pays $360 a month the have a 4 yard dumpster picked up 3 times a week.

I determined the value to be $1,506,533:Value = NOI/Cap RateValue = $135,588/0.09Value = 1,506,533I put down 20% ($301,306)I pay 1 point ($15,065)I pay for title insurance and a lawyer ($7,101)Total: $323,472"After your research, you decide to project a 3% annual increase for both the income and expenses."

The comps, as best as I can determine, has the house ARV at $79K.

I'm overwhelmed with the amount of CRMS there are to pick from!

🙋🏾♀️I have been thinking a lot about finding an investment mentor to talk some decisions through with but for the fun of it I decided to pick the collective brains of this massive community... ok here goes:So I have been thinking a lot about the strength of the current real estate market and whether it's time to sell my properties and take the proceeds to make some larger investments and go to the next level so to speak. 

Nonetheless, the strategies that I am picking up on finding and MAKING deals thanks to all of you guys is guiding me along the way nicely. 

If you previously determined this was a good investment purchase, don’t let one tenant ruin the deal for you.  

Pros and cons to each - do your research before you pick one over the other.  

I’ll have to pick up BP’s book on buying rentals.