If betting on appreciation appeals to you then do your homework on your area of interest, and sure you might just be able to have a cherry on top.

I am interested in the property because there is considerable rehab value in it even if the LTV is 100%Amount of mortgage is public information, although I am not sure where to look for this information for states other than Maryland (do your homework, start with th Deed Recording dept of your state or county).

It's simple math.

Please, when seriously looking at multi property, take the extra step and do the math!

That being said, I would still do my math on 50%, and if you want to make the numbers look prettier in real-life, so be it:$5200 / 2 = $2600 monthly after expenses.$2600 - $957 = $1643 ($200 per door)$1643 * 12 = $19,716 Annual Profit$55,000 (25% down on $220,000) + $40,000 (rehab) = $95,000 cash invested$19,716 / $95,000 = 20.8% Annual ReturnHonestly, it looks very good on paper.

From the preliminary math I've done, I'd need a max price of 60k with rehab.

When you actually do the math you'll find this is never true, and that most dividends are not nearly as high as the firms love to claim.Good luck with your investment but don't pitch one of the worst investments of all time...There are a bazillion links on the web supporting this.Ask any financial expert.. whole life is not, and not meant to be an investment.

I need to find the current market share for Perrier water. I've tried looking for it to no avail. I don't know if its my lack of searching skills or if that info isn't available. I would appreciate it if my fellow BP ...

Just like the fact that many of our buyers love the idea of getting some of the staging furniture -- it often means a full-price or near full-price offer because the buyers are thrilled they can roll this stuff into their loan instead of having to pay cash after they purchase.Btw, I just did the math, and on average, we sell our properties for 95.23% of the original list price with a first contract in an average of 15.4 days.

Either way, if you can't grasp those basic concepts, you're not going to be able to grasp why your hypothesis is not supported.Your correlation and causation is fancy in terminology(which you like to use) but irrelevant in this discussion.Actually, it's not fancy, it's seventh grade mathematics.Go find someone who is good in math/logic and whose opinion you respect, and show him this post.