This are the numbers:25 unitsAsking price 1.5MI will offer 1M $11,780 monthly rent income$13,000 annual expenseYes, the expense ratio is low but it's because it's in the island where we do not have property tax, insurance is for liability around 2k a year and it's all concrete structures. 

Because I rarely have to evict (one every 5-6 years) and because I always win my evictions.

I ran the numbers for any investment below 250k and for the 3 year hold period after 1% annual management fee and 1.25% startup fee, and the profit split, comes to 10% compounded return or an 11.2% avg annual return on a 1.33 EQM on 3 years.

I have spent the past several years studying market trends, analyzing potential investment properties, and building a network of industry experts.I'm specifically looking for a fellow investor located in the New York area who is interested in collaborating on initial buy and flip projects.

So the past couple years I have been flipping homes in the Myrtle Beach SC market.

I bought a building with a partner several years ago.

My wife and I were under contract for a great house in Bella Vista last year and decided to pull out of the deal after the inspection.

I am looking to buy my first four-plex within the year.

If you're thinking about NV the Reno market has more year round activities because of the proximity to Lake Tahoe in summer and ski areas in the winter. 

Roughly a 1300 profit after taxes etc etc. last year was a down year due to evictions and remodeling. this home is on a conventional loan.