OK here's all the info I have: Two properties w/8 fully rented units, $3890 gross income/month, seperate utilities.

A few people have tried to establish a few new sizes; some to success, some in vain.

They cut it up, put in roads and utilities, build houses and sell them.

Essentially, we have established relationships with a variety of funding sources that provide funding for a variety of both domestic and international funding projects.

(A Virtual Assistant is an independent entrepreneur providing administrative, creative and/or technical services utilizing advanced technological modes of communication and data delivery works from their own home office on a contractual basis).

The other thing we do with lease options is make the tenant responsible for repairs and all utilities if they were to own it themselves.

But I'm focusing my R.I. in a littel closer in established neighborhoods.

Operating expenses include taxes, insurance, management (even if you do it), maintenance, advertising, utilities (at least during vacancies), capital expenses (although not technically an operating expense), entity maintenance, legal fees, evictions, court costs, evictions, damage done by tenants in excess of the security deposit, I could go on and on.At any rate, you left out all of these expenses, which means your negative cash flow (even with your interest only loan) would be a monthly LOSS of about $768 per month (over time).Good Luck,Mike

The reality is they can do it “within reason”... that hard part is to establish what is within reason...They may be getting ready to sell the building or something...

You'll have all the other holding costs -- insurance, taxes, utilities, maintenance (besides the rehab,) and maybe HOA fees.