I would make sure your cash flow will be reliable enough in the future to support holding a rental forever.In my market, at that price, I'd be satisfied with a 1+% rent-to-price ratio, assuming that key infrastructure (roof, structure, HVAC, etc) was on the front end of its life.I'm about to send over an offer of $57,500 on a $750/mo property.

You get to depreciate the structure (not land) over 27.5 years, or 3.6363% per year.

I noticed this is your first post, so please consider intruding yourself in the New Member Introduction section of the forums:http://www.biggerpockets.com/forums/55-new-member-introductionsI do not know the specific fees and structure of Keller Williams but have you met with several other brokerages yet?

Also, are you set up for your tax and entity structuring?

SEC strict laws on marketing for investors.1) Syndication- setup an entity structure to pool Canadian investors or professionals to invest in a multi-family property with me managing the project.2) Meetups- conduct meetings on 'Retirement Planning' (RRSP- IRA equivalent) or "How to Make $s flipping properties in the U.S."

The bigger project we did inside was to gut and entry and bathroom area.

Rent-to-own is very popular in my area & I thought if I structured the contract correctly I could get more than market value for the property.

Some newer homes are actually in worse structural condition than an older home.

Just from the video, I'd guess about $35K (assuming no roof, structural, electrical, plumbing or other major issues).ONE QUESTION FOR THE PRO'S!!!

You put together Other Peoples' Money, structured through an LLC, with the goal of getting an asset-based loan for this $50,000 house.Maybe you want to put e.g. 25% down, etc. on this property, but hoping not to have to pay all cash for it.Generally speaking, how much assets or cash would this LLC have to have jn order to get a bank to write a loan for this $50,000 house?