Even if I'm barely breaking even on month to month expenses it seems to me like it's okay since the property has appreciated in value so much already and will likely continue to do so.As far as analyzing the property from an investment perspective, I think I should at least break even with $2,900 rent, let's say $290 in management fees (10% to be conservative), and $2,400 in HOA + mortgage + taxes.I think this is a good opportunity see if I like working with investment properties and to learn a lot about this world.

I actually feel like we will be able to do a much better job serving our clients because I am not always facing burnout.

Barely any cash out of our pocket, he gets immediate relief from the debt and will get money coming in for a while until you pay him off.

When people make that kind of money you barely have time to breathe because you are so successful at what you do.

Fast forward a month or two, and I see a realtors face psoted on the front lawn.

(By the way, The problems Reagan faced were not as nearly as big as the problems Obama faces today.)

Which would instantly give you that much equity if at bare minimum you bought the property at face value.

Called the landlord and said, you violated the terms of your owner responsibilities and the lease is terminated, send them the deposit back or face further action.Scum bags even tried arguing with me, can you imagine tenants right out of there!

The challenge you'll face is: how will the realtor get paid on any expired that you buy, since the listing agreement is no longer in effect?

Find a beater that is not livable / barely livable.2.