If its still blowing hot air and not cold air, that means the furnace still works.. so the issue is likely just in the cooling part of the system.   

Hello Everyone,I am just starting out in property investment and I found this website just in time as I am about to close on my first rental property.

I have an opportunity to purchase a 4/3 property in the town of Black Mountain, NC, just outside of Asheville, NC.We have the intent of renting this property out short term and occasionally using it as a vacation spot.I was hoping to get some input and opinions on the financials of this deal to ensure my head is not just in the cloud and that it actually has the ability to pay for itself and potentially provide some cash flow.

For now, the idea is to grow the portfolio and get some "reps" in the local market, learning about the specifics of what works and doesn't.  

Thanks for the note Justin.

The little I know about relating to others I've managed to learn just in the last 20 or so years (I'm 64).

Flooding can happen anywhere, not just in places that get hurricanes.

Push for a couple grand though just in case

EGI after vacancy: $14,310Repairs, maintenance, CapEx: $2,576 (18% of EGI)Management: $700 (but going to manage myself, included just in case which is why I slightly lowered it).Insurance: $1,400Prop.

I know there are some great and wonderful agents, I've met them, it's just in this particular area of Southern California I have had the hardest time.