Annual CF:         9,600.00ROI:                           7.8% (rejected)Keep in mind, this analysis is at 8-10% BELOW ASKING PRICE...………...At 300,000, (200,000 plus less than asking, it starts making around 10-11% but that price is just crazy versus asking.So...in my mind, its a lot of work handling a MF building for 8%...a 401k averages 8 with little effort and little risk (well until now!!!)...

My biggest concern in your description is adequately accounting for the capex on the house.

It basically amounts to paying an annual fee and having a set bond on file.

Originally posted by Account Closed:Dave R would say to get married.   

But as Account Closed pointed out, you need to come up with a plan.

@Stacie LynnI’m looking for a similar meetup in the Poway / Rancho Penasquitos area.I’m a local accredited investor with seven figures in cash sitting in a money market account ready to invest.

If a track record is missing, then consider partnering up with an experienced investor to account for the track record.

Assuming a 12 month lease starts Jan 1st and ends Dec 31st, tenant terminates early and moves out as of 06/30, then the security deposit has to be accounted for and returned by 11/01 (Dec 31 minus 60 days)?

So if the mortgage is $10k/month they want to see annual NOI be about $150k (or at least a compelling story on how you'll get there.

Account Closed I definitely get rid of difficult unreasonable tenants.