To do anything like a refi you would pay all of their fees again and start a new loan at 15% - 20%. 

Add costs for lawyer and court fees. 

Just to keep your license you will pay several thousand dollars per year in fees for your brokerage and MLS and Supra E Key, etc.

My offer is usually based on his original estimate of the cost of repairs.

@Jhim Handrex there is a meetup coming up on the March 30th, 12- 2, hosted by @Tyler Jahnke at the Original Pattern Brewing.

I hate to continue to pile on the fees for credit checks to do them on four sets of parents after charging the tenants for this. 

Originally posted by @Billie Young:@David Stokley and @John Underwoodeither of you have insight on Mountain Rest Lake?

If there are additional expenses they need to be taken into consideration such as if you are paying for water/sewer, gas or oil, trash, plowing or lawn care, HOA fees if there are any, CapEx, maintenance, vacancy, mortgage, taxes.

Lots of rentals on the market right now in DFW, so you don't want them moving.  1-2-3 months of vacancy, releasing fees, and make ready are very tough to make up, so best to keep your current tenants.A couple of strategies you can try...#1. 

For instance, I make much more money in Appreciation (the Investment aspect of RE) than the fees I charge for managing the property or even the Cash Flow.2) "Cash Flow is NOT a characteristic of the Property.