The deal, prior to inspections, is very solid on paper, in my own opinion (I am from there) and the opinion of a friend who is a top commercial agent in the area.Details:$750,000 PPSeller financing 5.5% (Interest Only for 10 years, total note 30)30% Down **Current NOI is 52kWe could get the NOI to 60k right away with a $50 per unit rent raise as they are underpriced quite a bit at the moment.

Just needed to know what percent is good

15 unit in Zion, IThe average rents seems low at about $763 per unit for mostly 2 bed 1 baths.What are current market rents in Zion?

Per IRS rules I am not allowed to put money into the beneficiary IRA.

Does the property meet my minimum Cash Flow criteria ($100 per unit) using the 50% rule.4.  

The land also has 6 mobile homes that are currently rented at $500 per month as well as 4 rv spots that are vacant but could rent at the same price once filled.

Just my two cents.

I purchased a property located in Indianapolis, IN 46218, for a total price of $61,038.50, which included $32,000 rehab cost for this duplex.The rent from this duplex estimated to be $1,200 per month.

That was another thing, the cash flow was only about 190 per month, but it is in a more up and coming neighboorhood, so I wasn't sure if it was worth investing just because of the appreciation value.

I have a VERY small LLC business account (used to be much bigger 10 years ago when it was my primary income) and the online deposit limit via your phone pictures is $25k per day that they'll accept for a deposit.