Please take it easy on me, I'm not trying to plug my service here, just looking for some insight into the industry.

At very least, I can refer you to great local resources (brokers, attorneys, contractors, etc.) to help you take this one down!

Hey - after doing some research, this law firm might be able to help - free consultation and listed specialty of real estate transactions:Goodwin & Goodwin, LLPCharleston, WVI’m not associated with them - and I can’t think of anyone from within BP to refer, so this may be a good place to start.Best of luck in a tough situation!

This makes it easy to accept or reject their application.

Okay, I found a property in my town, great location, 1900 sq feet and I think it will rent easy for 1k. 

@Logan LindstrumOption 1) is the safe and easy babystep version and Option 2) is the risky and sizeable version.

I am hoping to get some guidance on my current revenue/expense assumptions:Rent / Purchase Price -> 1.0% to 1.1% (model set-up for varying ranges)Vacancy Rate -> 0 to 10% (model set-up for varying ranges) Property Tax -> ~2.5% (looking at Tarrant County property site for reference)Insurance -> ~0.9% (based on my personal residence)Property Mgmt.

We don't do them at US Commercial, but refer them out to a reliable source.Best of luckStephanie

That way, if you are ever questioned about how you do what you do you can refer to this 'internal process' as your way of doing business.

The only reference I have is for my duplex and triplex properties in CO; sewage, water, garbage and share common area fees paid by me; tenant pays gas and electric.