Because I did an FHA mortgage my total mortgage payment is $3200 including the FHA mortgage insurance.Rents:1 bedroom unit $9001 bedroom unit $600 (his lease is up in 6 months, I'll increase it to $700 because he's been here for 22 years)2 bedroom unit $825 (their lease is up next month, ill increase it to $1,200 because that's the going rate and I wouldn't mind different renters).2 bedroom unit $900 ( me and my wife moved into this unit, the unit could easily be rented for $1,500 but were leaving in it)Other expenses are trash which is $40 month for all the units in total.

Anything you can easily do to promote an atmosphere of "good will" you do!

It will provide a positive cash fairly easily and while the SFH may provide a positive cash flow, you have a big question mark with the furnace.If you are looking to flip then the SFH becomes more attractive.

I'm a lawyer and I could have easily sued for specific performance (would have cost me a few hundred bucks).

@Mayra IrizarryA list provider allows more filters to be applied to the list such as high equity.Check out the local landlord association meetings great place to hear about deals.

I found it to be easily undersatndable and comprehensive

He could have just as easily described the sample house to be cash-flow positive and profitable for the investor in spite of the operating and holding costs he stated.

He isn't in a hurry but can easily be persuaded to sell a free and clear house if the money was dangled in his face.3) As a rehabber, what would YOU pay in this situation for this house?

Simple cosmetic on such small SF can be done for that price easily.

You can patch it, sand it, and repaint it easily.