I can find 10% COCR returns inclusive of management fees (and 25% might be a fair rate if your average rental period is just a few days, and they are the leading company in the area and provide a large percentage of repeat/direct bookings exclusive of the major listing sites).     

I wrote a similar letter to the Treasury Dept. when the "toxic assets" where to be auction thru the TARP platform w/o inclusion of small and disadvantaged businesses.If you agree,  let's see if we can do this.

Hi, this is my first rental deal, I have no clue what I am doing would like to hear perspectives from more experienced people.House is one of a 3plex in the Rainier Valley neighbourhood, Seattle WA (Henderson street to be precise)3bed/3.5bathCost - 209500Mortgage(taxes and insurance inclusive) 1138.

They recently changed their name from Washington Apartment Association to Washington Rental Owners Association to be more inclusive.

and then i went to look for a no-weapons/ammo clause in the agreement and there was none =L. likewise it only states about the security deposit that it or any remaining balance of it will be returned to tenant within 21 days of their moving out.so yea definitely a lesson learned, that dont just fill out the form and trust it's inclusive since its prepared by an organization or even a standard form prepared by a lawyer. i like the idea of lots of addendums looking forward to my commercial rentals.. where can i get such?!

Many states, inclusing NC, have statutory changes that complicate (read: expensive and lengthy) OO foreclosures, hence I no longer bother dealing with OO and only market to investors (NOO) for seller financing.

This isn't inclusive but should give you a good start.

After your costs to obtain, your proforma would deal with the regular operating income/outflow... inclusive of taxes/insurance/maintenence/management/vacancy, etc...Like I said...Just my two cents...But I hope this helps...

It looks to me - and my opinion isn’t all inclusive here - that the amount of cash you have to put in to a deal, coupled with the risk of assuming a large mortgage, and potential exit profit being so small relative to the risk - I think there may be better deals out there?  

This isn't inclusive but should give you a good start.