Here are a few details on this place:REO4bd/2ba, 3 years oldasking $67K ($3k est repair needed)comps show an average of $79klocal rents average $1300/moIm thinking $60k is a little on the high side for this place.

There is already a detailed thread on DPA, do a search to find it.As far as reserves, that is a broad question without having the details of the 6 unit.

Please put your details in your profile so others can know what you do at a glance when your posting in the other forums.Is the market really as bad as the media is making it out to be in FL?

Paul, Others will give a more detailed response but here are the way I see the numbers:Purchase price: 250KRepairs: 30KClosing costs: 7500Total: 287,500Monthly payment: $1912.75 @ 7% for 30 yrsMonthly Income: $4800 50% rule: $2400 - 1912.75 = 487.25Cash flow = 487/3 units = $162 per unitThat is good.The other questions:1.

Then I explain in a little more detail that this is there home I am just carrying the mortgage for them.

Consult your CPA or tax advisor for specific details.

Treasury also wanted details on purchases of mortgage-backed and asset-backed securities, according to documents obtained by Bloomberg News.

But obviously a blank template does not have the details contained in the actual lease document to sign.I'm just concerned as to why they are not willing to sign the lease right away, when I am.

The appraiser’s comments need to be specific and detailed.

Of course, if they can get them cheaper, I'm happy to let them, but this isn't generally the case.For the labor bid, I create a Statement of Work (SOW) that details exactly what I want done, broken down into categories that relate to specific skilled trades (GC, Plumber, Electrician, Painter, Roofer, Carpenter, Flooring, Foundation, etc).