Amarillo is still pretty strong on rentals and on average and lower priced homes.

Assuming you have a solid market for townhome product you can get a very solid guage of the potential profits in this deal.

Here the average house is sitting for 6 months which would be big holding costs.

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We could see this but we weren't sure the average person looking for a home could.

What is the average priced home in your area?

The location is very good and the unit is easy to rent although the building construction is average (built in 1975).

After gaining great education I moved to Jersey City and I rented a decent apartment in a house on top floor in affluent heights area of JC.My landlord told me and is part of lease agreement that heat and hotwater included, now after staying here for 4 months we had heating started in the month of October and my utility bill jumped from average 40 dollars to 250 dollars a month.

Remember to factor in some unforseen issues with repairs (maybe 10% over)When you have determined the ARV and the estimated repairs, I would recommend that a "good deal" for a rehab project (fix up and resell) in an average market is 70% of ARV minus repairs.

In which here in sangamon county il, the list cost $200.00 is that average, a lot, or a little?