I don't know the extent, and maybe I'm making some impolite assumptions, but from talking to him I think he's a little delayed.

I don't think our assumptions are always accurate.

Refinance at 80% ARV comes out to a 120K loan @ 4.75% rate.Working under the assumption this is accurate, what other costs reside that need to be accounted for?

I have used the BiggerPockets rental property calculator however there are some questions I have about Future Assumptions.

Hey Guys-Judging from the title of this post, your assumptions could probably go in a bunch of directions.

Altwon Simmons We would need the rest of the assumptions that gets you to the cash flow

I would almost guarantee 100% vacancy with the current crop if you go up $200 per unit, so you should probably start with the assumption that everyone hits the streets and you are going from scratch, especially if you plan that kind of major renovation. 

Your assumption that Las Vegas is cheaper is spot on, of course.

On closer analysis, I'm not so sure.Scenario 1 - AnalysisIf I use the 20k from scenario 1 to invest in a $70k property, after a whole lot assumptions, I estimate about $5k/year in tax deductions over the course of a 30-year mortgage.

@Mike Flora Thanks for the response, that was my assumption, I just wanted to make sure.