Sincerely,Prince

(We realize we are building equity along the way with the Princ payment, but that is getting too deep for us right now.)Here are the numbers, for those who want to double check my calc's:$21600 (annual gross income), but $15,140 NOI - $10,440 annual P&I payments = $4700 Net Income$18,000 down payment + $2000 closing costs = $20,000 Cash Out of Pocket*This is an owner finance situation so we think $2000 is fair on closing costs. 

You just cannot turn every frog into a prince , period.

We are looking for a contractor toRehab property in Prince George's County.

This is for those dealing with Section 8 in Prince Georges County in MD.Does anyone know what the county expects from the applicants?

Thanks in advance everyone.My goal is own at least 1 rental property within next 6-8 weeks (Anne arundel county, prince george county area).

You would think that if they were going to charge the princely sum of $2k for a tenant they would make sure that the information provided was correct and that the tenant was solid.

Does anyone have any recommendations for quality contractors in Prince Georges County Maryland?

Screening is the most important ingredient in your success, not necessarily getting the highest market rent - but the best-qualified tenant who will pay on time and not cause issues.In Maryland, eviction court records are not docketed outside Prince Georges County.

Prince George's County and Baltimore are better choices as we look forward in the next election cycle.