Loan assumptions are not a quick thing either and you will need a strong sponsor.

If you were curious as to how I acquired my properties; shouldn't you have asked me before making such a derogatory assumption?

It has a lot of built in assumptions for the Denver area.

I have not yet been inside each unit that is occupied but my assumption is that each will need work before I can charge the $425.

Are any of my assumptions incorrect?

There are a lot of big assumptions here because I have to do a lot more due diligence, but since I am brand new to REI I wanted to get your opinion.  

But is this a false assumption?

That’s said, I could be COMPLETELY wrong since it’s it’s an assumption in my “gut” about the market.And in reality, you won’t end up with materially different maintenance or cap-ex expenses for a $120K vs. $140K property so that smaller mortgage payment or higher rent amount has a material impact on the bottom line.Anyway, just my thoughts.

@Rashad Colton Sure, it sounds like a good deal, based on your assumptions.  

What are the best materials to get my hands dirty with modeling/get experience forming RE assumptions for my models?