I saw the world in a whole new light after that book.

It is MUCH more safer and while there is still some drug activities, it's been cleaned up and there are GREAT options for Cafes and Restaurants that you would feel comfortable and save which are upscale.Rents increased by more than double, but some of the expenses had significant increases.Today's NOI of $9,550 per month or $114,600 per year gives a cash flow of around $5,600 per month.The neighborhood Cap Rate also moved down dramatically as you would expect as the neighborhood gentrified, from 5.55% to around 4%.If we Capitalize the Value using the NOI and Cap Rate, we get around $2.865 Million, which is approximately similar to comparable properties.I have put together a very light spreadsheet so you can understand the numbers and highlighted the Cash Flow and Cap Rate so you can see it.I tagged both Joseph, Andrew and Matt because both had interest from the previous discussions."

Here’s some light on the situation.

Anyone interested in need of lipstick rehab job - in the last two years new fence, HVAC, 20 windows, kitchen ten years old ~ 4,500 square feet 4br 2.2 baths three levels, pool an so close - three lights  to 66 - and one exit from 495 and hot lanes.  

Whether you are or can be a good landlord really depends on your commitment as well as your people skills.We charge a full month's rent for leasing only, and 1/2 month's rent when we are doing full service property management.Property management is not for the light-hearted. 

@Eric VarInstall flood lights that light up the area.

Don't worry about those who may try to fabricate their application to meet your criteria, rarely does this happen if the tenants know you really will verify all the information and do thorough back ground checks.For me, there are other aspects that carry greater weight than a person's credit score or credit history.  

It also has to be strong enough to carry some weight of the roof.

Per state law and your lease agreement, we are providing the following itemized list of deductions:Carpet cleaning                                    $125.00Patch hole in living room, paint         $  75.00Clean fridge, oven                                $  40.00Replace five light bulbs                       $  20.00Original Security Deposit                    $900.00Refund                                                   $640.00if you wish to dispute any of these charges, please provide a detailed explanation of the charges you are contesting and any supporting documentation.

The ones provided by registrar services like legal zoom or other are ridiculously light and will be defeated easily in court.