For some of the properties all of the utilities are built into the fees which you'd need to build into the monthly rent and could be a substantial amount.

What formula should be used or should I say is there a common rule for investing at that level for cash flow?

However, everything else about this property lines up very well, and I want to pull the trigger or move on asap, since I've already analyzed it forwards and backwards.Here are the details:625k PPcurrent monthly income $5,600, annual income after expenses (utilities, taxes, maintenance, repairs) is 46k, which would cash flow after debt service, but not a ton.However.

. - parking -responsibility/roles: cleaning/ trash/ common areas / parties / pets / guest over / noise level / recreational drugs / etc There are so many things you need it written down, especially in shared housing with a tenant.

My goals in real estate are to learn how to get started, the different strategies you can utilize, make connections and eventually help others out as I become more experienced!

I have an investor from out of state that's willing to offer 10% interest only for up to 12 months with a 2% origination fee and a minimum note of $50k, but I would prefer to utilize a hard money lender here in the Indianapolis area.

Is this very common in your experiences?

Over these years, we have received huge profit margins on investments in SFR and multi-unit properties, by utilizing my general contracting background and our ever-evolving understanding of the California real estate market.

Often times when utilizing an LLC you might see terms that have higher interest rate, 25% down payment, 25 year amortized loan with a 5 year balloon vs a 30 year amortized fixed rate. 

Hi Delorean,Auction.com and Hubzu.com are the most common ones in my area.