@Andy N.

Purchase Price: $250,000Closing Costs: $2,500Repairs: N/A (Turnkey)Expense/Income/Prop Value Increase: 2% increase/yearMonthly Income (Rent): $2,600 Assumed Cap Rate: 9%Total Monthly Expenses (Including PIMI): $2,028 - Mortgage: $955 (assumed 30 year/4.0%)  - Taxes: $415 - Vacancy (5%): $130 - CapEx (5%): $130 - Insurance: $100 - Repairs (10%): $260 - Water/Sewer Bill: $38Assumed Monthly Cash Flow: $570/monthCash/Cash ROI Year 1: 13.05% Total Return Year 1: 14.81%Thank you in advance for taking the time to answer my questions!

Ive' even gone as far n some cases as having a notary come in and we all sign together and update the contract with new signatures. 

Thanks Roy N.

Originally posted by @Roy N.

Our idea was to purchase a duplex or 1-2 SFR with cash in the 70k range in either Charlotte or N Charleston areas. 

Try to join a meet ups in your area n in order to able to network with fellow investors.  

Real estate is unlike any other wealth creation vehicle being an active real estate investor.In the last 12-months, I have used none of my own capital but yet have increased by net worth by $22 million dollars.In the past, I have been an angel investor in Hollywood companies, software tech companies, and CleanTech companies.

Buy-n-hold.

I also kept my broker license for about 3o years but I never N made real esrate