I don't think your finance numbers are anywhere in the ball park. unless its owner carry.. also keep in mind low end rentals like these will be work to keep maintained and running smooth.. markets price for risk.. low price higher risk.. just a fact of life in the mid west deep south.

They fix/maintain all their stuff.

If someone went around snatching up deals under the guise of being a lender I don’t think they would maintain much of a working reputation.

Enough cash flow from other properties could cover rent for us in Fairhope, without the responsibility of maintaining a property when we are older.

I want to go multi family, but have been thinking I should start with Sfh because easier to manage and less to maintain such as bathrooms and kitchens. 

Hello BP,I found a seller who wants to sell her home because she's having a difficult time maintaining the property by herself and making the mortgage payment.

I'm pretty stoked!

I would tout the pool's positives, and mention how easy it is to maintain, and perhaps even gift a year of pool service with the sale.

They dont generate enough business to justify the amount of time it takes to maintain all of the sites and profiles.

PM still needs to be factored in to your valuation because if in the future you decide to hand it over to someone else to maintain, you want to know what your COC looks like.