New member here - have found many useful tips & strategies on this site, but was never a member prior to today.I have a question about seller financing calculations regarding a deal that I'm currently working on.I'll spare you the full details of the deal, but I've essentially been able to get the seller to open up to a possible seller financing deal that would get me a great cash on cash return of near 20% on a good, solid property on the busiest street in town.Here's where I'm somewhat stuck (and I hope you can follow).

Re laundry money, i never include this in my calculation - i simply look at it as bonus income. your vacancy at 3% sounds low, again not knowing the location its hard to sell. 5% would be my lower estimate in high demand location and proven 100% occupancy in the last 2-3 years.Repairs and maintenance, unless the property was recently renovated top to bottom or you would renew the large items like roofs, HVAC, water heaters etc 5% and 4$ is tight. 

New member here - have found many useful tips & strategies on this site, but was never a member prior to today.I have a question about seller financing calculations regarding a deal that I'm currently working on.I'll spare you the full details of the deal, but I've essentially been able to get the seller to open up to a possible seller financing deal that would get me a great cash on cash return of near 20% on a good, solid property on the busiest street in town.Here's where I'm somewhat stuck (and I hope you can follow).

After following up with the insurance desk adjuster consistently, Back to the present, I just got off the phone with their "Director" of special insurance case, whatever that means, where we've had a pretty combative conversation where I get the feeling that he was fishing for something and I said as much to him.

That said, please be sure to follow forum rules and not solicit in the forums outside marketplace or spam via the message system, both of which are against the terms of service here.Based on your initial post, it sounds to me like you have more to offer than most so in my opinion, you have a better chance since you have the skill set AND some skin in the game!

With the great response to Angry Homeowners I am following up with a post stating my amazement that agents would get so angry when one of their clients receive one of my direct mail letters!!

Following is what VA law outlines should be done with the property in case of abandonment that is not an eviction.

Also, 20% of federal taxes had to be withheld from the distribution, and Form 945 had to be filed by January 31 of the year following the distribution. 

I'm assuming the following should all be in the name of the LLC and not me as an individual: -contract with property manager-insurance policy on house-any utilities I continue to pay for (so, for instance, checks to the gardeners / pool guy should come from the LLC) Anything else I might be forgetting?

I've been following this site/podcast for quite some time.