What happens when you plug a more realistic long term appreciation factor and not simply one that would have great market timing?

Using 50% rule to estimate is good for quick & dirty, but you should plug in all the numbers into your own spreadsheet or BP's calculator before you jump in.BP rental calculator - https://www.biggerpockets.com/buy-and-hold-calcula...I've found Nashville BP'ers really helpful when I was researching the the market.  

I have a cable plugged in the garage and then snaked through the gutters.

If the seller is honest and trustworthy towards you, then all you have to do is plug in the numbers for the deal.

With the properties being located out-of-state, they don't have to worry about the 3 am plugged toilet calls.  

Just FYI - we had self directed IRAs for investing - but we are flippers and that proved to be a total pain in the butt.

I'm in the Columbus, OH market and found a property that seems like a good opportunity, but would like to get some feedback from experienced investors to make sure I am looking at this properly and not missing anything.The house is in what I would consider a C/C- neighborhood in the downtown Columbus area, but it butts up to an up-and-coming area.

Definition and method:   From: Wikipedia .. siteCAP rate is often calculated as the ratio between the net operating income produced by an asset and the original capital cost (the price paid to buy the asset) or alternatively its current market value.So, plug in the numbers of your property and you'll get your CAP RATE!

Keep plugging away @Rick Martin

I however go ballistic when anyone tosses cigarette butts.