So then a "unique selling proposition" would be for you to offer 2 years and beat the industry standard right??

I haven't been challenged on it though.

Okay........

Have a tenant that I filed eviction on.The county was backed up so took awhile on the writ.

Marshall is serving the eviction the 21st of November after 3 months from filing court date.

The woman became...

Challenged tax assessments. 2.

. / $4,166.67Annual debt service “DS”Revenues:Monthly AnnuallyRental Income$935$11,220.00 (RI)Vacancy @ 8% ($74.80)($897.60)Net Rental Income $860.20$10,322.40 NRI)Operating Expenses:Property Tax- 1800 (this is being challenged currently, but no ruling at this time)Insurance- 1000 (estimate, I will get a quote on this for sure.)Maintenance- 1200 (Estimate)Utilities- 800 (Estimate)Advertising- 100 (Estimate)Total Operating Expenses (*Very Estimated*) = $4900 (TOE)Net Operating IncomeNRI-TOE= NOI$10,322.40-$4900= $5422.50 (NOI)Total Cash FlowNOI- DS= TCF$5.422.40-$4,166.67= $1,255.73Return on InvestmentTCF/ TCO= ROI$1,255.73/ $5,000= .2511 (25.11%)Cash on Cash (Considering- Down Payment, Upfront Repairs, Closing Costs)TCF/ TCO (W/repairs and closing costs)$1,255.73/ $6,500 ($5,000 DP + $0 Initial Repairs + $1,500 Closing Cost) = .1923 (19.23%)My thoughts regarding this deal: I think the asking price is a little high for the property considering it’s age, condition (off of visual inspection from the street level only), location, what limited comps I could find.

However, I enjoy a fun challenge.

You have have cited a few challenges but what you need to do is set a plan in place to overcome them.

The opportunities for education and improvement are literally never-ending, with constant opportunity for challenge and triumph.

PLEASE SOMEONE HELP ME !!

I own the lower half of a two story property in upstate New York.

There are two separate deeds.

I'd like to sell my half, move away and get on with my life. The owner of the upstairs and h...

And your lack of transportation will make both finding and managing this property a real challenge.