New energy effecient furnaces, rehabbed kitchens with hardwood floors, new bathrooms.100% occupancy.Gross Rents $2250PITI 69k @ 8% over 30 years is $1006NOI is $1244Expenses $1125Positive Cash Flow of $119Claims contractor says 6k to get the 5 unit going and could rent it out at $500 Would this be a winner or loser?

Not for the income, but for the joy of learning...if that's something that you enjoy.If you're going to school for a J - O - B...well, don't bother.A Real Estate Investor usually makes more than an attorney with less time and energy involved.

If you go over board fixing them they become over improved for the neighborhood.

A top energy and financial company going belly up.

$115k asking price.It also specifies the size and number of the units and we know it is in Dayton and needs a rehab so I'd expect we could prob use the low end of the rent range for 2 beds, 1 beds and an efficiency in the Dayton area. 14 2-beds, 2 1-beds, 1 efficieny.The two big unknowns I see are "why is it completely empty?"

I am a young professional with a lot of enthusiasm, and tons of energy!

I bought a big home improvement manual at Lowes and followed the instructions (and pictures) in the book.

I have been taking challenges from people to give me names of Global-Warming skeptical scientists and 80% of them have been bankrolled by energy companies, (most principally Exxon)(I am at a public computer right now but I will get you documentation on this issue in particular).Also, many people, such as Al Gore, have profited through hype about global warming, but many are simply doing their jobs....such as the good members of the vast majority of the scientific community (all over the world).Its hard for me to believe that the majority of the scientific community could be bribed into this one....Could you get me some documentation on this?

Not yet convinced that pouring my time and energy into RE will yield appreciably better results than pouring it into the businesses I already own.Been spending lots of time doing math about it all, and the business continues to win out with cash flow, profitability, and wealth accumulation compared to time and energy expended on RE investment.I'm still very interested in the idea, but I need to be convinced before I go down the road.

Well managed HOAs that provide real benefits probably do improve property values in areas where there are enough buyers that what to live in such a covenant controlled community.