Base on your calculation, $6K x12 = $72K/YR, then minus 12K/Yr(Tax, Ins, Mx) = $60K/yr then divided $783K, looking at cap rate (NOI) 7.6% which is high compare to the bay area cap rate.Usually high cap rate (8-12%) = high turn over tenants (Crappy tenants) lower appreciation.Lower cap rate (3.5 - 4%) = Quality tenants and high appreciation.Been an investor in/out of CA for the past 10 years, I will always pick bay area.GOOD LUCK!

Any tips would be very helpful and greatly appreciated.Thank you for your time,Matthew Gonzales

I think knowing that is extremely important and will give you a better quality answer!

@James Hunt Thanks for the tip!

(Tip:  Ask for a copy of your dental records when you get out. 

@David RobertsWe just got an appraisal for a refinance (no seasoning of title by the way) of a property off of Glen Arm close to Glenmore and Bel Air Rd in the 21206 zip that was a four unit (1br/1ba each unit) bringing in 2350 per month. 

If you have any threads, post, articles, or just general tips for beginners please don’t hesitate to share.

Any tips or thoughts regarding direct mailers?

Any tips/advice would be greatly appreciated. 

Let's also not forget the PM can't pull the money out of thin air.