A lot of Californians find their way to Ohio for investment purposes (and not all succeed at remote investing). 

As much as I am not a proponent of folks (mis)using CAP rates, they do serve well for the purpose of positioning a property for sale.  

@Matt Powell It may be helpful to understand that the purpose down payments. 

Can you prove that your intent was to hold for investment purposes? 

A mortgagee can not simply enter your property unless it is for the sole purpose of securing a vacated or deteriorating property.  

What is the purpose of the calculator?

your gross rent for the year should be $2,850/ m or $34,200/ yr and not $18,575 for 2014 or $22,477 for 2015. so they claimed less income and charged more for travel for tax purposes it seems. quick break down:$300,000 purchase20% down=60,00030 yr @ 4.5%= $1216.04/m$34,200/yr incomeadvertising - 1000/yrlandscaping - 1000/yrmaintenance - 500/yrinsurance - 1500/yrprop management - 3420/yrtaxes -1900/yrcame up with a NOI = 19,900 - 14,592 FOR MORTGAGE =$5318 cash flow before taxesgives you a 6.64 cap rateto get a 10 cap rate you would need to purchase for $199,100to get 8 cap rate - $248,875 purchasei put in prop management and lawn care, didnt know if you would be handling that or not, but that could change your numbers a little. if you kept your price at the 248, and did management and lawn care you would be close to 10 cap rate and 12,200 cash before tax, so $1000/m cash flow

.- Checkbook IRA - accomplished by using choice above and adding special purpose LLC to it.

Valid means of Government Identification.For purpose of identification, I include my passport as attachment in this email.NOTE: I check my email almost on hourly basis as this is the only way I communicate until I can have my voice back.

First, I just wanna state that my purpose of this post is not to complain, but to provide insight into my personal situation and to gain possible solutions to overcome my current obstacles.I am an aspiring real estate investor, who at this point has not had a single real estate transaction other than signing leases on the apartments I have lived in.