Hello all. New to the forums. Been reading the books and dragging my feet for years while I established my professional career (love it, not looking to leave, just supplement).
So I live in a nice college town where o...

Everything you do with tenants has to be measured and fair to all- Them and YOU.!

Something that you can look at that will help determine the value of the cash flow you are getting is cash on cash return, the value of the dollars you bring in measured against how many dollars you had to put out to get them.My analysis looks like this with your numbers:Purchase $80,000Down Payment $16,000Interest 5%Term 30 yearClosing Cost $2,000Rent $1,100Payment $343.57Tax $86.43(430-343.57)Vacancy 10% $110.00Turnover $500/yr $41.67PM 10% $110.00Maintenance 20% $220.00Ins 500/yr $41.67Net monthly Cashflow $146.67Cash on cash return 9.78%All those expenses are in monthly terms so obviously you might have some good months with no maintenance and you won't be spending $220/mo fixing things, but when a roof needs replacing you've accounted for the expense of it in the years of cashflow you've already experienced.Hope this helps you see where the numbers are.

My marketing budget is limited so I am trying to get creative.Here is the template that I created:Dear ,My name is Brian Stone and I own Stone Property Group, LLC.

In addition to the obvious contribution limitations, the dangers of self-dealing, and general ease of “messing up,” a self-directed retirement plan also eliminates the ability to take advantage of significant real estate benefits as depreciation and many business deductions.Jeff

Otherwise you will be limited to some flips and some REOs

I would do a limited amount if I had a property with challenging space(s).

So see hard money as a tool that allows you to leverage your limited capital and increase your ROI significantly.And by all means, develop your own sources of private money over time.

The county also has its own MLS separate from the rest of the state which limits "outsiders" from seeing what's going on.

If they like, they can be in an active role with limited duties.