Even if my repair cost hit the $7000 mark I'm still all in for 13k and I should cash flow 450-500 month.  

Hello all, my name is Mark and I am an aspiring 18 year old from southwest Ohio.

Thanks Dan, Mark, and Bryan.

@Mark Gallagher, I'd just be asking advice when needed--I'll be handling the rest. 

I am marking them at 50% expense ratio and the pads at 40%.

Mark Thornton, real estate agent, retired real estate attorney.  

Besides, we have much of that profit marked for some other expenses related to moving into the new house so only a fraction of that money would be available for that kind of investment anyway.I do appreciate you raising these issues.  

Mark a date and time on the application when you receive it, evaluate them in the order you receive them.  

That can potentially slow down the sale and if you need to sell before the 3 year mark, which you really should, the extra month could make a difference.

Currently zoned mixed use & tenant is starting a daycare.Prop Management - $60/moTaxes - $90/moInsurance - $50/moRepairs - $75/mo (should be lower due to complete remodel)Vacancy - $50/mo  (should be lower due to new 12 month lease)Cashflow = $400/mo x 12 mo = $4800/yr  CAP Rate = $4800/$48000 = 10%Option AI would love to sell as a turnkey rental, mark it up just above total invested and sell for $50-60k but dont have a lot of knowledge directly on that....