It depends on a lot of factors like how your unit is priced vs others nearby and obviously where in Lawrence it's located.

Purchase price: $235,000 The current 11 Home SFR Bulk REO Portfolio is offered As-Is and has ALL BROKER PRICE OPINIONS and TITLE (O&E) Reports Included.Asking Price is $235,000 (OBO)Total BPO Valuation of the Portfolio is $392,800Based on BPOs Estimated Equity Gain Total at Purchase is $157,800 What made you interested in investing in this type of deal?

At a prorated total (Nov 10th through Nov 30).

The monthly numbers:Gross Rent = $1100Taxes & Insurance = ($156)Vacancy = ($92)Repairs = ($77)Trash, Lawn/Snow, Inspection Fees = ($103)PM Fees = ($161) based on 80% first month, 8% monthlyWater = ($46)Capex = ($110)Total Cashflow = $355/mo, $177/doorROI = 9.5%.  

Rental calculator seems to suggest this is a good deal according to 1% rule ( not quite 2% but looks pretty good to me already ), the rent estimate was a guess from a near by rental ( there aren't many rentals in Beavercreek somehow ).Above average SD , all three schools are rated 7 ( not sure if this is considered as B, B+ area ).Obviously the numbers would only make sense when the estimate rent can be archived, so my questions for Dayton / Beavercreek BPer - Does Beavercreek have high rental demands ?

@Joel Owens  Yes I know that's obviously the next step,  I think what I want advice about is what you think of the deal in general? 

I am obviously going to continue looking but I appreciate your experience on the topic.

Obviously going to tell you that you need to use a CPA, have your wife learn the complexities that will go into your tax filings now that you own real estate, after a few years you might not need to hire a CPA anymore but for now, you need the help/advice.

I have all the necessary letters, documents photos etc that show they are responsible for the total cost - responsible for the misdirected water - plus harassment & smoke screens  Lawyers I have asked have either waved it away as easy, or told me 'you can never win against a HOA'   Neither angle has been helpful not explained to me. 

Im estimating closing costs to be $2500The add says it should be able to rent for $700 each side so being conservative I estimated at $600 each side for a total of $1200 per month.