The markets we operate in are NV,AZ,CA,MI.

There should be an assignment of mortgage which transfer the mortgage from Mariners to Oceawen, even if they are a company successor, since they do not operate under the same name.

That way you can at least get a down payment and some operating income.

Seems like a pretty good operation.

Thanks David Beard It appears that I have been calculating a lot of rental properties I've look at all wrong.So to further clarify:Gross Rent * 50% = Net Operating Income(NOI)NOI - P&I = +$100/DoorThe other 50% of Gross rent will pay for ALL other expenses including: Repairs, Maintenance, Improvements, Property Management, Homeowners Insurance, Utilities, HOA, Property Taxes, etc, etc

Do your homework and make sure that your rental income is enough to cover your loan or operating costs plus you want some cash flow each month.

Marie Poe is absolutely right about operating expenses.

However, an idea may help you to better operate with greater success.Think outside the box.

Everything I see checks out okay except for their willingness to put their operating agreement and subscription agree on their website.

Hello,I'm looking for an online website/program I can use to manage our companies workflow and allow our virtual staff to interact with it using different user profiles.I'd like it to have the following capabilities.