After you repair their credit, I will be happy to help them get funding. 

The cash flow after that point would be great and the whole property (minus a few repairs) is paid for by tenants.I have a day job that I enjoy and I have other cash flowing properties already that more than make up for one that doesn't.

I'm looking for a contractor in the Salt Lake City area that can repair a detached garage that is leaning to one side.

And put about $7500 to Repair.

Here is a little more background info for everyone to double check my initial repair and expense numbers that I used so I can be more knowledgeable going forward The house is a 3/1 built in 1955 with 1100 sqft and it would be in a C neighborhood.

What we do know now:Tenant has changed locks.House has some issue with sewer gas coming up into the home, which may have happened from property managers husband plumber fixing pipes as we did a huge repair and it started around then.Tenant is now reducing rent by 1/3 legal in New Mexico because of sewer gas.People who we have tried to look at the property to fix the problem have refused to work there because the tenant is freaking them out and talking about lawsuits and looks like she is on drugs.People now keep mentioning drugs to us, but when we spoke to the officials they had no records of tenant other than a fresh eviction before our house. 

One time repair charges can get an exception with paper-trail.    

Additionally there are purchase-to-repair ratios that I'll be getting near. 

To use just one of the properties I’m looking at as an example it’s AVR is around $165k and $25k in repairs putting my max offer around $90,500.

Principal, interest, tax, insurance, maintenance repairs, capital expenses, utilities ( if there are any the tenants won't cover), vacancy.