I', thinking PITI of $850-$950, insurance of $50, water $50, taxes $2,250, property management $100-150.

PROS: house is super affordable, some houses on the street are being renovated, move-in ready, I could force appreciation if i wanted to (i.e. easily add a 2nd bathroom, minor updates) and neighbor is up and coming.CONS: 1 bathroom that is jack/jill style (guests would have to walk though bedroom to get to bath), water heater is 15yrs old., sort of funny layout/small kitchen some houses on street are a little unkept.View report*This link comes directly from our calculators, based on information input by the member who posted.

I've owned 6 different homes, and have lived in a wide range, ranging from a mobile home (also grew up in one) to a 6,000 square foot home that my grandmother owned.

Accent the healing qualities of the water if people still believe that... 

I believe that prospective rent on a 3 bedroom in this area is probably in the $3000-3200 range, while prospective rent on a nice 2/2 in the same building is probably max $2700.

A turnkey real estate opportunity will generally water down your return somewhat, but that cost is a trade-off for leveraging the expertise of a professional real estate asset manager. 

Local market puts a duplex at around the $120K range.

Im looking to buy land in urban areas (New York City) and construct buildings in the 4000-9000sf range.

Most cities around me range in the 2.5-2.8% so I just use 3% to be safe. 

One of the biggest repairs was putting in a new water heaterWhenever some repair came up with the house the owner would always state that “he is a bank and we would never expect Bank of American to do any repairs, but if we wanted to forgo our lease option money then we could forfeit that and he would come donthe repairs”Anywho we have moved out and he is saying the carpet needs to be replaced and that that is our responsibility and if not there is the possibility that he will sue us.