But rents are extremely high and vacancies are rare.

It's extremely exciting though once you start!

In the section where it displays Yea1 to Year 30 columnar report the "Annualized Total Return %" keeps on dropping especially after 1st year which is extremely confusing even though the Total Profit Value is increasing. 

Newer homes (on expensive land) may have less than 50% expenses, but because they're also likely to have a lower Rental Return Ratio, they may still be difficult to show positive cash flow, if 75% leveraged.Whereas cheaper/older homes in non-appreciating markets, or condos/apartments in high property tax/HOA areas, can have a HIGHER than 50% expenses per month, but may still cash flow positively because of a super-attractive Rent Return Ratio.Somewhere in the "middle" of those extremes, the 50% Rule can be quite accurate!

It's extremely hot around 100-120, but there's not a lot of profit to be made there.

I'm extremely excited to get started...THE RIGHT WAY..and definitely with the right group of people.Hope all is well with everybody and hope to speak soon!

There's also a small spot on the back with sitting water against the building that my broker/investor i was with said he knew the fix (he's extremely smart and didn't make it a big deal so i trust it's not a deal breaker, and theres no basement) Outside is in pretty good condition.

He has been fantastic, is extremely knowledgeable, and is saving me about 3k per year now that I switched from Foremost. 

The information was extremely helpful and i will definitely take all of the under advisement. 

You still have to be extremely educated on the topics and know what you are entering.