Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Hey fellow insvestors, I’m putting the word out that I also can cut some great deals on Lawn Care, Landscaping (including sod) and Yard cleanups.

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Monthyl Rental Income Gross Scheduled Income Vacancy Allowance Gross Operating income$2,500.00 $30,000.00 $3,750.00 $26,250.00 Expenses AnnualMonthly Mortgage $- Taxes $800.00 $66.67 Insurance $990.00 $82.50 Maintainence $1,000.00 $83.33 Alarm system$- Water$1,500.00 $125.00 Lawn/ Snow 0WiFi$750.00 62.5Trash removal Advertising $- Licenses $30.00 $2.50 Legal fees (evictions)$- Cable$- Electricity $2,400.00 $200.00 Property Management $Total Expenses $7,470.00 $622.50 Net Operating Income $18,780.00 $18,780.00 Net Operating Income Monthly$1,565.00Number of years to pay off2.47 Return On Investment40%

Brick construction.maintenance - 5%vacancy - 5%monthly principle and interest - $354/mo (if purchased at 90k)lawn - $35/moRough monthly expenses - 1022.15/moRough rent - 1200-1500/moAnd just so you know - Im the type that will analyze something to death.  

Examples: switch plate covers after painting, ripping all the doors to new height after new hardwood floors, installing light bulbs in new fixtures, mowing the lawn and shoveling snow during holding period, pruning and general landscaping, cleaning junk out of the attic, cleaning up after the contractors.  

However in your case you're really trying to shorten the time frames down to artificially match a flipping model.I'm thinking that your intent then could very well be interpreted that you never had the intent to hold for productive use.  

This particular community I am talking about does have HOA for $179 per month but I did not get the information on whether or not it would include lawn care.

New well, septic, and power in 2006.Very low taxes ($1200) and electrical.Fully furnished to include riding lawn mower, brand new bedding for 9, TV's, furnishings, and all appliances like new and included.Air strip and private boating launch access.Insurance $600 per year.Local property manager has 300 doors under management.

It's renting for $1950/month (includes lawn care).