How I am using it is: For the level of service I chose, I get an 800 number and five extensions.

You would need an additional $10K or so of your own cash to cover the excess of the rehab over the loan amount ($3K), the points (about $4.5K), and your holding costs (taxes, insurance, utilities, etc.

Less expenses (you can use 50%, but it could be more or less depending on many factors such as owner paid utilities, etc.)Now that you have an estimated NOI, you can calculate if the ask price is too high, in line, or lucky you, under valued.NOTE: Whne I mention this standard formula, it is used only to gage if I should put more time in investigating the property.

Vacancies, economic vacancy (like the "two months free" you mention), advertising, utilities when vacant, evictions, tenant damage (brand new or not, tenants can still do damage), CPA, Lawyer, maintenance, property management, etc.

However, who is currently paying the utilities?

$1310.08 Utilities/taxes?

Find out what they are renting for and what utilities are included and set your rents with the current market.

Whenever I am trying to remember a domain name, if I've forgotten the extension I always try .com, .co.uk, .net, and .org - if it's something else (.info, .ws, or the horrible .uk.com sub domain, for example), I'd have to google the company to find the domain again, and I'd have to be VERY interested to decide to do that.

I will not be bringing in sewer or water so only the two utilities.

I heard this method can be quite extensive.