Louis that could provide a very good cash-on-cash return.

However the neighbor was adamant about bringing my landlord to small claims court, and thus in return, the landlord wants to sue me for the damages the neighbor is claiming. 

Anything that I purchased 5 years ago in my market would have produced great returns.  

I put 45k into the complex, and after the appraisal upon completion it appraised for well above asking and the 45k I put it—- hello infinite return!

5% coc return seems really low.

So as soon as you start renting property, make sure to claim the income on your tax returns right away.Hope this helps...

You can typically earn 8-12% preferred returns and receive an equity split when the property is sold. 

If cleared and property appears in good conditions as expected, security deposit money should be returned within the first week after contract terminates.7. 

For example if it is a three bedroom and they all have reasonably equal rooms and use of the house, you would take 2/3rds of the expenses (mortgage interest, depreciation, repairs, utilities you pay etc) as reductions to rental income on your tax return. 

The credit check returned a burglary charge which I asked him about and he said it doesn’t exist.