I am figuring 58K 'All In' The current rent is $700, but I feel it could easily be $850 or so, but I am basing my figures on $800.The house has had new roof, windows, siding, water heater, and flooring in the last few years.My rough figure are;8800 Operating Income$3800 Expenses (only about 40% since all the recent upgrades)$5000 NOI - $4000 Debt Service= $1000 Cash FlowNot quite $100 'per door', but I would also be building equity at about $100 a month, along with likely appreciation of $100 - $150 month.

I am learning so much on this blog but I am very confused on how so many people seem to jump into real estate because they lost a job or quit when banks want to see current employment.

My current work is not quite my cup of tea, which is why I want to grow the division this year.

Since I am able to get probate leads quite easily, I am a little confused on what the difference is between a list that is called an "inherited list" and a "probate list".

The books are one thing, these Rich Dad seminars that are put on are quite another.

Hoping to be able to quit the day jobs in the future and focus fully on investments.

Most likely, the home will get hit with external obsolescence due to the nearby mobiles as that is not a desirable situation.

And, may I say, that this site is quite possibly the best resource I have found in all of my researching thus far.

Here in So Cal we're seeing quite a few potentials deals that will work IF we can add an additional room(s) and/or bathroom(s).

If not then issue a cure or quit notice.