Numerous homes were given away for $1.http://money.cnn.com/2013/08/20/real_estate/dollar-homes/index.htmlYou will obviously have solid positive cash flow on those homes in the short term, but the area is D-class, and when the tenant moves out you will almost assuredly have significant damage that needs to be repaired.

Multiplying the result obtained under item 1 of this subparagraph by a fraction, the numerator of which is the number of months that the deposit was held that year and the denominator of which is 12.So basically (correct me if I'm wrong) it looks like your interest rate is tied to the U.S Treasury yield curve rate or 1.5% (whichever is greater)

The toilet has been replaced and resealed numerous times with no effect.

It also covers our time to he the house ready, meet Co tractors, or staffs processing the paperwork, etc.... the Leasing fee covers the agents time for going to show the property numerous times, gas, and referral fees if an outside agent brings a prospect. 

The property requires numerous upgrades and repairs.  

Hi Dan,This question has come up numerous times on BP and you are gong to get contradicting replies..and it also varies from state to state...get a cpl bucks together and sit down with an RE attorney in your state(or where you're doing business) and get proper legal advice.. and then post what you learn on here pls..it will clear it up for anyone in your state and you will have many people on here thankful to you..This is an excellent forum but no one can really give 100% accurate legal advice to you here.

On the flip side, how else would one numerically evaluate properties if not for a formula much like the one devised for calculating cap rates?  

It may seem that I'm trying to argue for the newer sun belt places, but I'm really trying to understand if I could be missing something, as it seems that there are numerous buyers for those older places.

In a recent deal purchasing an REO (Freddie Mac), I encountered numerous problems with not only getting the deal locked up, but dealing with all the Freddie issues as well.So the new record is this: NINE counters before fully executed into escrow!

I'm trying to understand the 50% rule.I've read numerous posts concerning the 50% rule.