You may never get financial remedies for your tenants action, but you may be able to get sweet revenge by catching him with your property.

As Murray said still it should be short and sweet.

The pool of potential buyers is small relative to the sweet spot in the market (bread and butter homes that the average worker in the area can afford).Similar to buying property at the top end of the market.

-----"What I wanted u guys to figure out is this: Find the sweet spot/range for the best ROI in % for the following: Property value between 125k to 350kmortgage rate between 6 to 8.5%rental income is 10 to 12% a year of the total value of the propertyproperty tax is 2%management fee is between 25 cents to 45 cents per sq ft.property size realistically will be around 600 to 900 sq ft for this price range.

What helps to make the deal sweet is the Public Service Electric Power Plant is in this town and they do a huge amount of contract work and need housing.

my sweet innocent tenent never cleaned a thing in 9 months , she stained the carpet , it took 26 passes with a steam cleaner to get the carpet looking like new , she kicked a hole in the wall , these are just a few things , total 1,500 dollars worth of clean up and damages, she paid 400 for security deposit , do i send her a bill for the difference or do i have to eat the diff, i took pictures before she moved in and of all the damages after she moved out , :shock:

That's pretty much my story short and sweet.

So even if I could negotiate terms that would be much better long term, like 15-20 years down the road (as in 0% rate) it's still a bad deal if it's not sweet now.

Sweet deal, congrats on the find!

Hello Everyone, I'm a :clap: new investor from Alabama and California. Most of my investments up until now have been buy and hold rental property. I'm interested in jumping into other types of transactions. I'm not ...