Maybe for some people that's acceptable...And you just demostrated that financing the deal gets you better returns on your cash invested.That's why I use a combination of cash flow dollars and cash on cash ROI to value my deals.

Combine that with a occupancy of 91% and I get $1.01 million in gross scheduled income.

With our combined effort I feel this sounds like a good investment for both sides considering where we are in life.

You can't beat that combination.

Yeah all my houses were built before the invention of plywood so it's some combination of hard and soft wood floors.

She told George that she has been listing REOs for several years, and this was her record for most offers received on a listing!

If there is a dishwasher or clothes washer, those should be disconnected - they freeze very easily, and they don't make it easy to just get the water out.

And you had perfectly good assets being lost as the loans matured there was no way to refi and the underlying lenders foreclosed on perfectly good working assets because the owners could not retire debt in cash they had always banked on the ( OH MY BANK WILL roll the 20 due in 5 over they always have).. when they did not boom.. but I don't want to dwell on it I darn near ended up a statistic and its way in the rear view mirror.. but a combination of mortgage market  liar loans  credit freeze .. build stopped  jobs lost this all fed into it.take our PDX market .. 10k homes or doors built a year or more from 1990 to 2008... 2009   700 total that's all.. next year 1500 next year 2500 next year 3500 next year 5000 plus.. 

My favorite saying is "applied and accurate knowledge is power".If you learn something accurate but do not put it into practice you will get zero results.If you take inaccurate or half-accurate information and apply it you will not get the results you want.The combination of what you just learned being accurate and correct and the implementation is what makes the best chance for success.I usually just look at the books for free and pick up tidbits that way and read on this forum and also read state statutes and federal statutes.Tons of fascinating info there you didn't know.

The neighborhood is a combination of renters and home owners, and the potential rent is between $900 and $950.Our long term goal is to create a rental property portfolio, but since this is our first one we are open to selling it and using the profit to buy/rehab two more rental properties.