They leave keys in the lockbox when they are out at noon.  

If you buy a property for $180k with an ARV of $300k and you ultimately want to refinance after rehabbing to pull cash out for another investment, you will likely only get 75% LTV, maybe 80% LTV, depending on the lender (unless you go with non-conventional lending), which leaves you with loan of $225k - $240k.

For you're analysis I would suggest you run on a 50% expense ratio which leaves you at $15210 NOI which at they're stated 9.7 cap is a purchase price of $156,800.So reasonable numbers vs. their actuals equal a value that about 60k apart, sounds like you have some negotiating to do. 

  $0 from $0 leaves.......So in essence you are asking the seller to pay an agent for the sale of their property where they will be receiving no money??? 

Account ClosedI was thinking BP is about making money in real estate, so the part that I read in your post that was relevant to me was how much money you lost by not holding on to those properties.It is one thing to leave for greener pastures but you could have still made money by keeping your properties.  

But leave your cash and CCs at home so you don't yet hyped up and buy a bunch of nonsense that you can learn on BP or at your local REIA.

It would result in me taking a $9,400.00 pay cut leaving me at about $10,000.00.

If the old agreement expired and you refuse to leave or sign a new agreement, the Landlord has the right to evict you.

If they do comply with the fee they will be leaving at end of lease, voluntarily or by you non renewing their lease.

But, I cannot ask them to leave after the 2 year lease is up can I?