That in the Dean wood area are maybe the only two area in the DC  where the properties have not jump through the roof.

Without doubt int his market a property can sell itself, so can my car, or a can of soda, if it's an awesome enough deal right, so nothing special there.

Congratulations on the first rental and all the knowledge you have gained from it to set you up for the next property. 

Biggest pati le is getting approved from VA and bringing property up to regulation.

I currently have 2 rental properties in ATX that I flipped + fixed and then rented out.

The plan for the property would be to rent it monthly while we are not there and use it at least once a year for ourselves. 

One for 6 of my properties and the second card for the 7th property that is held in a partnership where the finances need to be kept separately.

We calculate gross income as all dollars coming in except taxes.Our clients gross revenue is the room rate (top line) expenses minused out and then they receive their net income.Net profit (or loss) would be then when they subtract debt service, property tax, insurance, utilities, etc.

What do you do yourself in regards to this property?

Hey everyone,I’ve been working in real estate for a little bit now, and like many of you, I’ve found that two big challenges keep coming up:Finding distressed or off-market properties before they get picked up by others.The time-consuming process of property analysis—especially when trying to figure out ROI, ARV, or repair costs quickly.I’m curious how you all are dealing with these issues.