Personally I wouldn't bet on rents increasing, let alone more than inflation.

- I don't understand the question...I bet Jon meant to write "How much work to get it ready to rent?"

I calculated everything on 11 months occupancy and got a 12% COC renturn and as you said it goes to 16% on a full year occupancy.

I have worked with a few of them; although their LLC status is pretty much irrelevant in the accounting side.Talk to a reputable attorney on the matter; however, as Bill Gulley said Insurance is your best bet starting out and equally important as time goes on.

Your only salvation might be owning a particular phase of the project that might be peeled away by lenders, but don't bet on it as the problems arise through the HOA of the PUD, if it is a PUD.As to slick thinking circumventing lending regulations....with multiple entities....bad idea.

It would be my guess that on average most people dealing in RE, I know it is for sure with agents, do very poorly.The answer is something you will have to learn on your own and it will depend entirely on your effectiveness, which is a result of your efforts, time spent, and abilities, combined with your resources.This is area specific so your best bet would be to find people in your area and figure out what is going on with them.

There are some more complex mathematical ways to calculate backwards such as using a Net Present Value calculation but if this is all new, stick with the easy math first.

(I am not sure if I am asking this question correctly but I am just curious how to pay a little as possible in closing cost.)How can I calculated as accurately as possible even if it's a rough estimate what I should have for a Reno-budget and contingency budget?

I'll bet that under the circumstances they will continue the assistance on a probationary basis and if the kid is found guilty, they can revisit the situation.

They can change tax lien to a deed I know, so they the owner of the propertie then.Actual my handyman told me there some issues but not major and he would say $70-80k, if I take my calculation with max income it should be $150k.