So Mike would you say that plugging in whatever numbers that come out too approximately 50% percent for the expenses into a property analyzer program (assuming all other factors remaining the same) would that give you a reasonably accurate number of your realistic cash flow on a property?

In my meeting with the REO agent he did ask me some questions that were designed to see if I was a serious, capable buyer and I believe I had the right answers.My main source for private financing won't be available for 4-5 weeks.

I have my regrets though at this point I may as well see what comes of it.However, it can be a source of income ONCE you get going.

No condotels or non-warrantable condos on stated income but we CAN do them on a full doc programs nationwide (FYI).

The profit in these areas of RE is probably better in selling the program or concept than properties.

So far I havePM fee (% of rent or flat fee)Lease upsMaintenance (upcharge)Vendor rebate program on items such as appliancesPet fee (not sure if this goes to the owner or PM)Lawn care (upcharge)CleaningRenters Insurance (commission?)

I have been reading the blog, forums, listening to the pod casts and basically taking in all the knowledge on the site I can for the last few months so I wanted to say hello from Pittsburgh.I have been investing in Real Estate for a while now and this is one of the best sources of knowledge I have ever stumbled across.Thanks Josh and Brandon for all the info!!!!

They seem legit up until they tried to put a hard sell on my for their Silver Tax Strategy and Planning program.

(Source).

If they don't meet other requirements, I'm not seeing that income is an issue, but if you're willing to overlook other issues, you need to change your requirements.Income should be and must be considered regardless of the source of funds for legal activities.The issue is that income must be reliable.