Those are items you have to include in your analysis of a property."

I've been approached by dozens of people who want the opportunity to get in front of our attendees so they can make money marketing this kind of stuff to them, and I've turned them down because that is exactly what this thing is not about.I actually had conversations with several potential speakers whose first question to me is "what am I going to get out of it?"

That said, it looks like the operating expenses you're assuming aren't too far off.The one big item I'd add into the "expense" category (though technically not an expense in accounting terms) is capital costs -- these are the long-term costs you'll face to keep the property well maintained.

I am coming in a little late to this conversation but there are ways to get on the first page of Google besides getting your website ranked.

But, the level of conversation completely impresses me as well.Keep in touch.

I know one of the ingredients was a Pool item (ph factor, chlorine ??).

Assuming we can't do item 1 what would be the next best option?

The prices associated with most of your line items seem reasonable.The interior paint/carpentry might be low.

If they are gutted the city or county might require adding sprinkler system and other items that delay rehab and drive up costs.Your main issue is selling a turn key investment.

What does that conversation look like?