I have been in the construction business since I was 17 years old including those college years.  

Less than $1k/month including insurance and taxes is what I am shooting for.

Considering appreciation isn't a realized gain, why would someone include that in their calculation?

In my experience, the most popular colors that I've painted for the past few years are around the Tony Taupe and Mindful Grey color scheme from Sherwin Williams.

I'd ask him (/her/them) to appraise it as if he was being the eyes and ears of an FHA lender, because those standards are a little bit higher than fannie/freddie, and include health/safety issues.

You should stay at a purchase price including repairs in the $60k or higher range.  

Do your numbers include vacancy at market rate?

Hey I currently own a portfolio including SFR and condos.

@Dominic Williams Like anything, location and condition effect the price but you can buy and sell almost anything for a profit if you buy it right

Personally, as long as my expense - including the HOA fee, is acceptable, I am good with it.