As an example, we listed a home for sale at 185K, it had 53 showings in one day alone and sold for 208K with contracts arriving almost every few minutes that day.

(the kitchen cabinets are brand new, and were in working condition upon tenant arrival.) 

I'm using the below to arrive at my monthly net cash flow number:+Rental Income(-) Vacancy Assumption = 8% of rent(-) Mgmt Fees = 10% of rent(-) Mortgage Interest Expense = 4% rate(-) HOAs = Actual(-) Insurance = 6.8% of annual rent(-) Property Tax = Actual per MLS(-) Repair/Maint = 10% of rent(-) Gardner = $50/mo= Net Rental Income(-) Mortgage Principal Paydown=Net Monthly Cash FlowAny input is very much appreciated. 

And the downside has arrived.1. 

I’ve arrived at a balanced portfolio of stocks, bonds, and REI which combined provide me with a good combination of growth and stability.

Account Closed I think I addressed most of your points and explained how they were incorrect, but could you show me the resources you're using to arrive at this information? 

And it all has to do with local jobs and vacationers.If we pressume no vaccine will arrive before Q2 or Q3 2021 at the earliest and government imposed social distancing constraints combined with a reluctance by some folks to not want to re-engage in crowded activities - it all translates to a sizable reduction in visitors / revenue. 

I also seem to recall the mtg was extinguished by a foreclosure of the 1st mtg so I'd guess the City wasn't very happy with the original developer.You are suggesting the city is annoyed with the original developer who came many years before I arrived on the scene; so now they are passing the grudge onto me and my back house? 

Now he could invoice those items in the background and just give you the final total, but if asked for the breakdown and he gives you that you can't beat him up for how he arrived at his number...

May take me a bit longer, but I think i can arrive at the same level of success with enough hard work, smart choices and great networks.... that is my goal.