So I am making a 12% spread or $11,000 - $5,000 = $6,000 a year.

The biggest drawback to St Louis is the crime, which is generally spread across pockets of the city.

We are also looking to spread the message that we are landlords who care and want to grow in the neighborhood.

I think that's why in the spread sheet it's added on to the cash flow instead of a deduction.

One of the ways is through social media.  

Hi Tracy,If you put all the data on Excel spread sheet it would be easier to understand the deal and then analyze it.

wow that is a nice wholesale deal, I know a few people in the DC area that was able to pull a huge profit like that from one deal, in most cases its when the ARV is 500K or more which leave you with a higher spread.

I have a great spread sheet I can send you for analyzing

With a $100 spread, I'm not sure it make sense to scare off a good tenant, but I'm not sure what the spread will be in three years.- Lastly, how do you explain rent increases to tenants (not that I feel the need to justify business decisions, but just curious about approaches others use)?  

I'm guessing you're not shy when it comes to hitting the books, so you'll find loads of material to dig through in the Learn tab up top and spread throughout the forums.