Someone with one newer aged rental, who has a rather high income, such as a surgeon who lives alone comfortably with a lot of disposable income, could possibly carry less than a Mr and Mrs just starting out, with one rental that they bought as a turnkey in a more downtrodden neighborhood in a different state.

Your numbers and your realtor's numbers are obviously more hopeful than realistic based on the evidence.You are either buying in too high or spending too much on reno.

Other expenses that may be high?

Partner Driven was interested in the Mumford Rd deal in Greenville, NC, due to its high profit potential and quick turnaround.

If you don't have sponsorship, by definition you don't have a deal - full stop. in some aspects, but but I'd argue in development you have to find land and partners at the same time. you have to have a competitive advantage and local knowledge. may not apply and probably different sectors. we break development up into multiple raises like Series A, Series B, etc in venture debt and discount equity tranches based on what stage the investor comes in for higher returns it's earlier like when we are investing in engineering services etc we recapitalize and spend our money with an equity sale and recapitalization. structured finance is so interesting 

Property prices are very high in this region, and it seems unlikely that rental properties will generate positive cash flow due to the high cost of homes and current high interest rates.

Partner Driven was interested in the Cornell Ave deal in Drexel Hill, PA, due to its high profit potential and quick turnaround.

Welcome to BP Carter, Dayton is a great market for high cash-flow returns.

Your definitely not going to see the return your looking for in a 75-90k value add.

We've helped several high W-2 wage earners take advantage of the STR tax 'incentive,' here on the OR Coast.