The comps and the neighborhood have to support it also but I totally could have done a typical flip and made a generous profit as any flipper would but I couldn't live with the quality that it presented itself.

My total cost with holding and construction was $925,000 roughly and I am getting a loan to refinance my HML of $640,000.  

The previous owner got $1370/month total, I brought that up to $1600/month. 

RealtyTrac predictions), the residential properties are worth ~$3.5mm in total (give or take).

Basically a total renovation.  

Take a look at your financing package and understand what your total annual increase in net worth is.

The purpose of the Quit Claim deeds is to totally isolate the "company" assets for liability reasons, also so that the "company" is something I can sell one day to another investor, or give to my daughter by making her a member.

But there isn't a lot of calculation involved, other than figuring out what your payments would be on different principal amounts, and any widely available online mortgage calculator can do this for you in two seconds. 

I purchased both for $308,000 total in Dec 2015.

Please let me know if I'm not including any expenses or missing something key.Property Details:- 3 / 2, 1374 sqft, $89k askingExpenses ($802)P&I: $369Tax: $188Insurance: $70Utilities: $50Vacancy: 5% ($62.50)CapEx: 5% ($62.50)Total Investment (Down Payment + Closing + Repair) = $25,499Rent = $1250Cash Flow = $448Cash On Cash ROI = 21.08%This is a single family home in an area where I've competitively estimated the rent (Most units running between $1150 and $1450).