Value add will also be low but ideally you should be able to bring them to a more attractive return once they are stabilized.

Ideally, each month a portion of rent paid goes into the reserve funding category, because as a system ages, you are getting closer to the eventual day of replacing that system.This next thread has an approach used for calculating reserves:http://www.biggerpockets.com/forums/432/topics/86771-fourplex-analysis-help?

And I took one closet and converted it to a private writing space with a granite desktop and custom cabinetry.I also added complimentary coffee and tea, enough for three days.On occasion I offer free tickets to movies, Moody Gardens, restaurant certificates, etc based on length of stay.Little things like that set my property apart from the others and I pretty much stay booked year round.

Not the ideal situation, as it is too hard to anticipate the cost.

and you have a parking issue, I personally would consider asking $575 and getting quality tenants vs. asking $700 and getting questionable tenants.For otherwise qualified tenants (good references, clean record, sufficient income but no savings), we sometimes take a minor initial security deposit and allow them to pay extra $ to build up the deposit (ideally within 6 months).  

Ideally, I would like to make REI my full time job and have several properties to manage around the area, but we are planning to start slow and not get in over our heads.We have found our first renter!

Syndications are used to buy thoroughbred race horses and yachts, to finance movies, and TV shows, and all kinds of other ventures.

I know it normally involves a single tenant and a 2 year lease, making the program ideal for 1-bedroom units.

The negotiations weren't ideal - the lady I dealt with wasn't very responsive but ended up making the deal work and so far i'm happy with the experience mainly because of all the extra money we are getting!

We view this property as an ideal first home for a young family with one or two children.Comparable properties in the neighborhood range from $120k-$150K in 2010/2011 to $130K-$165K, and averaged $88/SqFt per sold home over that period.Needs: 1.New Roof - $7000-$10,0002.New Windows - $4000-$60003.Kitchen/Wall Removal (bigger eat-in kitchen) - $6000-$10,0004.Upstairs Bathroom (gut/replace) - $2500-$40005.Update Electrical - $1000-$30006.Patch/Paint Throughout - $1000-$25007.Update Front Porch (Curb Appeal) - $1000-$20008.Floors (Sand/Stain Downstairs) - $1000-$15009.Floors (Replace Upstairs) - $1500-$2500Addition: (6’x15’ Mudroom/Laundry/Half Bath off rear of house) This addition would help attract absolute top dollar by providing space for a first floor laundry room, an additional first floor half bath, and mudroom at rear entrance from garage.