Now subtract all your business expenses, especially advertising. 

If you then subtract taxes and insurance, how well does it cash flow?

Yeah, you have to assign a value to the house when purchased, which can be defended.....subtract that from the purchase price to determine the land costs and your cost basis for the .36 acres you’re selling is about 75% of that.  

After subtracting another $2,000 for additional holding costs, we walked away from this one with no money left in the deal and ultimately put an additional $14,000 in our pocket to put towards our next investment.Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

You will want to look at the total net cash flow of the new property and subtract what you are currently receiving for the property you have.

You are within your rights to subtract all the damage and return only the remaining balance.

It is possible the yard of garage is not being used, but even in such cases the removal subtracts from the original residence.  

Rate _ 2.5% (locked in)Refi Cost _ $20KEquity Pulled _ $124KNew loan Amount _ $352KOklahoma Renal: Loan Ballance _ $124KDebt Service _ $840Property MNGT _ $125Escrow _ $285Rent _ $1250Cash Flow (after restructure) _ $540, (I am subtracting $300 for the new home loan increase, escrow, & property management fees at 10%) If it were all up to me, I would sell both properties and purchase without a second thought.

If they later come back and provide a new address, subtract postage and handling fees for the failed delivery.

@Matt Wells hope you don't mind me replying here but you can be added to title at any time. in most states you use a "warranty deed" or a "quit claim deed" to add (or subtract) people from the title/ownership of a home.