In more robust markets, leveraging is far more dangerous since a long-term vacancy or some kind of casualty loss could really sink you.

Details Location: Indianapolis 3 Bedroom / 1 Bathroom Completely rehabbed in 2013, list of renovations include: New decking, new roof, all new joists, insulation, drywall, all new plumbing, all new electrical, new exterior siding, new flooring in all rooms, new kitchen cabinets, new kitchen counter tops and sink, new shower/tub & surround, new vanity, new toilet, all new light fixtures, new tile flooring, new carpets, new doors, new paint in all rooms.

The major part is that the house you purchase needs to be "FHA approved" meaning having working sinks in all units, no peeling paint, etc.

If your increase in cash flow is only because you are sinking 2016 (W2?)

Zachary R Sink in my experience Turnkey properties in Memphis cash flow about 200 dollars a month per door.

One or two months of having to make the house payment sinks them.

I'm far to green to be willing to sink a large chunk of my net worth in a single investment.

.* Listed at 75,000* ARV 135,000-140,000* 3bed/2bath brick - stripped to the bone - needs floors, bathrooms redone (missing sinks and toilets), kitchen redone, new heat pump, junk removed, holes in ceiling and in walls, paintingFiguring offering roughly 56kThe thing is, we found out from neighbors that the owner fixed cars and dumped a bunch of oil in the back yard.

In other words, after 2 years of sitting on the sidelines, it's time to Sink or Swim.  

Hey All,Need some recommendations for a good place to pick up Tile/Sinks/Vanities etc. for bathroom remodels in and around Palm Beach county...