To properly calculate cash flow on a property one must at a bear minimum base the numbers as if the property is 100% financed.

How many DIYers can identify a load bearing wall?

I wanted to create an open floor plan by (a) knocking down the non load bearing wall between the kitchen and dining room, and (b) knocking down the load bearing wall between the dining room and living room.I got plans from a structural engineer to knock down the load bearing wall, and estimates from 2 different contractors came in at ~$12K. 

They should be are do become a part of your team.  

KetteringMain Takeaway: Get out the shoehorn and bear grease!

Will you understand that this is a business, and I expect to make as much profit as the market will bear?"

This method can burn you out and be a little demoralizing if you can't bear not meeting your goals.

The lots rent are $140 and while the homes rent at 575, bear in mind that 140 of that 575 that is lot rent.

Age will have a bearing on things too.

Generally, I am looking for full cosmetic rehabs, with maybe minor structural (i.e. taking out a non-load bearing wall).