HVAC service call for no heat/air or plumber to fix leak or regular grass cutting) and it also assumes there are no capital expenses ever (ex. need to replace water heater or furnace).Looks like there's plenty of a cushion to account for those things, but 35% is if everything runs perfectly forever which isn't going to happen!

I have been looking at a lot of HUD homes online.

I agree that the tenant should be held accountable.

has this accounted for insurance and property tax?

hey guys just created my account I've heard good things about this site looking forward to growing and networking with all of you guys !!

When discussing taxes you need to account for ALL taxes:-Estate taxes-Excise taxes-Corporate income taxes-Payroll taxes-Income taxesand others like sales taxes, etc.  

Account Closed Good point on the title search.  

I'm pretty sure I could research and find the correct/safe/legal (as you all seem to put it) manner in which to remove/dispose of these potentially hazardous materials along with the right chemical/cleaning agent to pressure wash any meth residue from the structure's skeleton...With all that said, it doesn't seem like much fun and I think I will pass on this deal, and by the way I would be giving the same advice as everyone here if some anonymous "investor" asked about this online... so I appreciate the words of wisdom.The thing that isn't clear to me is: would I, or would I not be breaking the law by continuing with my "plan"?

Also, happy to put you in touch with my brother who's an agent nearby if you'd like to check out some properties -- either by browsing inventory online or viewing in person.Good luck!

Zillow and other online estimates are usually not accurate.