Any conventional loan products for property in a flood zone (not sure what flood zone 9 is) requires flood insurance, which can be very expensive, and rates have been rising each year. 

This will cover the mortgage payments. all of the additional expenses I will cover out of pocket (escrow account).

So when I loose a deal I don't loose any sleep over it because I feel content I would have over paid if I got it.

It's human nature not to factor in their time, nor large episodic real estate expenses etc.almost forgot this table chart from Mary Callahan Erdoes , she is the head of JP morgan asset management which has hundreds of thousands of high net worth investors, They are quite stringent when comparing their own investor's returns to other Asset classes

What really took me by surprise was that one of my go-to lenders here in Milwaukee is using my portfolio expense ratio (!)

You'll end up with pissed off tenants and future expenses. 

Interest rates are higher making it a bit more difficult to profit on an already expensive build.3. 

We will have an expense account and capex account. 

Not to say i can't find a duplex here, but i'd like to find something with 3-4 units.Having said that, I know other states have a better abundance of these types of properties that are less expensive.

Hi all,I found a house that has been abandoned for 5 years (no taxes paid) I'm assuming the owner is deceased.