My emotional side hates the idea of kicking a little old lady out of her house. 

no emotions. 

I would also look deeper into your repairs and CapEx budget.

(about 80k, + emotional stuff about his unfinished projects) - considering investments, namely index funds. - - is this even reasonable before we are debt-free? 

Looking deeper though you’ll find that the city owned utility service cost averages out to $350 a month.

Because retail buyers are emotional about their home purchase.

Except for the Emotional Support Chicken, this is the greatest thread on BP.

Get better at cold calling Set more appointmentsClose more dealsAnalyze more propertiesBut what I’m looking for here is a little deeper than the 1st inch of top soil.

Yep, looks like Josh has a emotional weakness that allowed the "tenant" to take advantage of the "friend" card.

@Aron.H thanks for the breakdown this is exactly what i was looking for this is a great example and not just for me, very much appreciated id like to dive a little deeper 1. is that the average cap-x for apartments with HOA what would 2. what is the average vacancy and i dont think i would pay much more than 10-12% on management being this is one of my 1st deals. 3 lets call it 4.5% im thinking it would be 135k on ARV with a mediocre rehab but if i make this place nicer than the rest of the comps in the area i have seen some go for 175k  (i need to do more research on how to calcuate a reliable ARV) if anyone has a #quick       tip on that would much appreciated thanks. 4. i agree maybe burrr isnt the best stratagey to use maybe would better qualify for a fix and flip on a w202 LOAN?