I did factor in the 20% down payment when we decided on the 20 year loan so i feel like my numbers are a pretty close estimate but i did not factor in the vacancy cost.

Zillow estimates it for 120,000.

@Lou Cali An awesome place to start would be by reading J Scott's book "The book on flipping houses" and "The book on estimating Rehab Costs"...

Frankly, in your situation, I think it would be better to accumulate as much passive income as possible but continue to work at your job.

., EU and many parts of Asia Pacific are spending gains from rising incomes, low interest rates and low oil prices, which should support GDP growth.Rents | In 2016, global prime rents across the three major property types—office, industrial and retail—are expected to grow 2.2% on an annual basis, according to estimates from CBRE’s Global Rent Index.Capital Markets | Global commercial real estate investment markets are expected to remain active in 2016, but the pace of growth is anticipated to slow after six years of recovery and price appreciation.Office | Most U.S. and European office markets are expected to tighten further in 2016 as demand for space is expected to outpace limited new development.

Do I need to pay someone to go there and assess the property, ( perhaps a rehab construction co ), If I go myself I still wouldn't know how to price it out, or should I just come up with a figure based on similar houses on redfin, etc. and just estimate about 40K in rehab cost.

Couple good books for what you want are "The book on flipping houses", "The book on estimating rehab costs", and "The book on rental property investing" Good luck!

Hi all,I'm planning to start as a Wholesaler and I'm looking forward to ask some Brokers - that I met at local Real Estate meetings - for expired properties on the MLS. In addition, I'll require to get some comps in c...

@Timara Marie Try thumbtack.com you will get contractors to reach out to you and its usually free estimates.

.) - PITI = reasonable estimation of long term cash flow.