Came across a 2 family that needs quite a bit of work but I'm in love with the location.Here my analysis put together... would like some opinions, or advice if I'm missing somethingPurchase Price - $50kRepairs - $40kMonthly Mortgage Payment w/interest - $260Property Taxes - $290Insurance - $150Heat - $200 (currently setup to share heat off of one boiler, so would have to include heat in rent)Maintenance - $100Monthly expenses - $1,000Rental IncomeUnit 1 - $600Unit 2 - $800Monthly income - $1,400Thanks ahead of time for the advice!

The entries with asterisks beside them are required, but I go ahead and add their first name too.

I wanted to create something that would help them stay afloat and actually forge ahead.

With each follow-up contact your call back rate should go up, so the key is consistent follow-up.As far as managing the calls goes, if you think that you can commit time to each caller at the time that they call then go ahead and answer.

My objective is to have a space for 1 vehicle in the garage, 1 vehicle in front of the garage door, and then lay a secondary pad aside the existing pad enough for one car to park in front of the house.

My 15k cashlow per month will be after all expenses such as capital improvements, Maint, vehicles and all the other write off s

I hope the market goes up and your investment keeps growing ahead of it's costs :)

Hard costs include packing materials, use of moving vehicles, hiring moving labor, paying move-ins costs for the new place, cost of cleaning the old place, cost of cleaning and decorating the new place, etc.

have you found that after you make these repairs you are any further ahead?

My crews usually work late and I give them a bonus if work is finished without defect and ahead of time.