8806 Rolling Rock LnDallas, TXhttp://www.zillow.com/homedetails/8806-Rolling-Roc...2300 sf3/2 2 car carport + storageVery clean property, needs a couple windows put in the front of the house and kitchen redone plus some paint.  

Moral of the story, the tax treatment that you suffer from starts at the top and rolls downhill toward you.  

Some deleaders will roll the cost of the final inspection into the job, so be sure to ask if the quote includes the reinspection.Just be aware that the deleading could potentially be a deal breaker.

You gotta be able to roll with it.  

The property cost $87500 and I rolled closing costs into the loan.

Only Road Block at the Time was I didn't have a Consistent Marketing Budget to proceed, So I saved & now I'm ready to Roll Out the Whole Operation.

Account Closed had me rolling!

Some listings have been on the market for well over a year and the listing brokers are acting stunned when I ask for financials, rent rolls, vacancies, etc.

It's been on the market for less than a week.Here are the stats:List Price: $450,000Annual Taxes: $10,500Units: 2Rent Est Unit 1: $1500 (i would live in this unit)Rent Est Unit 2: $2500Putting down 20% I estimate my PITI to be $2,771 (at 4.25%)Positives on this property:Located in an "up and coming" part of town, where the town is in Phase 3 of a development programThe second unit is two floors and has the bones/access to be split into two separate units with relatively minimal investment (basically adding a kitchen).. pending zoning approval of courseMy concerns are that while the property certainly has potential, the current rent rolls are a lot more attractive in the 425k range than 450k.Any thoughts/advice would be appreciated.Thanks!

Another trick is to "roll" the closing costs into the new loan.