It was an iffy property that barely met my standards, but I wanted to make a deal (it'd been a 9 month dry spell).

You can barely break even in any desirable destination.

Thanks in advance I mean monthly rent = 3% of purchase price. for example use a $30,000 home.1% deal will yield $300 per month (Barely Breaking even)2% deal will yield $600 per month (Great)3% deal will yield $900 per month (Superb)It's just a very basic guideline for evaluating prospective properties.

And why we need more participants.There are SO many plays in the OP's deal I can barely contain myself.

Knowing the market and understanding what the market will bare and what it wont.Out of State investing is very systematic.

I literally felt like we will never get anything because my agent barely wanted to put in my offers and would scoff and laugh at them worst than the listing agents, would call me names I dare not repeat.

I know this barely scratches the surface as to your question, but I hope it helps a little…Good luck!

I am defiant to say a complete Discounted Cash Flow analysis (including MIRR, NPV), is the bare minimum when I seriously look at a million dollar complex.

Please bare with me this might get long.

He decided that instead of waiting for a rehab, (and I couldn't bare to actually sell this cash machine), he was satisfied with a hefty cash wholesalers fee.2014 - Bought 140 Windy Hill Pl duplex for $47k, Rehabbed.