@Ryan DolinarHere is my guess..1st is actual NOI.

I understand the idea that if you only came out of pocket with only the downpayment vs buying the property outright, the CoC is typically better even though you have a mortgage payment.I guess where I'm a bit stumped is trying to figure out how to weigh the deal if we plan to use a HELOC for the out-of-pocket portions.So 20% down plus about $6k closing costs means $19,000 out of our HELOC.

Ya, I've read plenty about the reasons for avoiding areas like that and I guess if you hold it long enough those costs are going to make it not worth it.

I guess my question here is if you are a DIY'er, what is the one task you would really like to be an expert at?

Based on todays date I would guess you already lost the deal.

It's my first time posting here.I guess all the people here are from the US?

It's my first time posting here.I guess all the people here are from the US?

I'm looking for someone to give me investment advice from time to time, or I guess you can say that I'm seeking Mentors.

Hi Dana, I guess I would like to know peoples opinion on the town.

Ask your lender what the closing costs are and call a few title companies to see what their fees are, this is more accurate than guessing.2. rentometer and MLS are probably best3.