Hey guysBeing that I am very green to this and having no capital to work from, I was planning on finding work as a leasing consultant to gain knowledge and finances.  

I bought the place almost a year ago and now it is rented and the president from HOA call me to say that I need to paint my screen door to match the green color.

-We've got a very green economy out here.  

[quote] CASHFLOW ANALYZER Rent per unit $ 950.00   Sales price $ 95,000.00   # of units 1   less     Annualized rental income $ 11,400.00   Down $ 19,000.00 20% less percentage   Repairs $ 5,000.00   Vacancy $ 570.00 5%   Total Investment $ 24,000.00   RE Taxes $ 1,200.00   Loan $ 76,000.00   Insurance $ 720.00 $ 60.00   Terms     Management $ 1,140.00 10%   4.00% Interest   Maintenance $ 570.00 5%   30 Amortization   Utilities/HOA $ -   DEBT SERVICE     Reserves $ 570.00 5%   Payment $362.84 per month Operating Expenses $ 4,770.00 44%     $4,354.03 per year Net Operating Income $ 6,630.00         less Annual Debt Service $4,354.03 DSCR 1.523       Cashflow $ 2,275.97 Cap rate 6.6% Monthly cashflow $ 189.66   CCR (%) 9.48%        [/quote]Scenario #2: New roof, decent zestimate<-> purchase price (I know I don't hold much faith in Zestimates)[quote] CASHFLOW ANALYZER Zillow's Estimate $ 152,000.00 Rent per unit $ 1,200.00   Sales price $ 125,000.00   # of units 1   less     Annualized rental income $ 14,400.00   Down $ 25,000.00 20% less percentage   Repairs $ 5,000.00   Vacancy $ 720.00 5%   Total Investment $ 30,000.00   RE Taxes $ 1,600.00   Loan $ 100,000.00   Insurance $ 720.00 $ 60.00   Terms     Management $ 1,440.00 10%   4.00% Interest   Maintenance $ 720.00 5%   30 Amortization   Utilities/HOA $ -   DEBT SERVICE     Reserves $ 720.00 5%   Payment $477.42 per month Operating Expenses $ 5,920.00 43%     $5,728.98 per year Net Operating Income $ 8,480.00         less Annual Debt Service $5,728.98 DSCR 1.48       Cashflow $ 2,751.02 Cap rate 6.5% Monthly cashflow $ 229.25   CCR (%) 9.17%        [/quote]Scenario #3: Lower purchase price for a 3/2.  2story ugly green house.

@Bruce Green  you should always get pre-approved first.

@Torrance Green - Welcome to BP!  

@Daniel Green welcome to BP

I'm still amazed that Green Bay not only has one, but it's a thriving franchise. 

Eventually, i would like to be renovating older urban homes/buildings into extremely green and efficient homes/apartments in new urbanist ( is that word?)

At the most a years seasoning is all you would need so that the note is not viewed as "green" anymore.