They have the artistic talent and design knowledge to do so.

But this is kind of what Bigger Pockets is designed for - researching subject no matter how long ago they were written.  

But as you can see from your two comps its not the only factor.

Those are important factors to get the best feedback from the forum.

Both of those factors are deal breakers for me.

For Vacancy)= 12672- 2399(taxes)- 420(garbage)- 420(sewage)- 600(insurance) 1500(Maintenance & Repairs) = 7333NOI= $7333.00Cash Flow= NOI(7333) - Debt Services(3828)AM15yrs=3504Yearly ROI= 14.6% (9000down+15000rehab)/3504(cashflow) Factored rehab cost into ROI to get a true number.

They add up to 35% in additional operating expenses - I don't know if I'll be able to find any cashflowing properties in my market (New York, CT, NJ) due to price of real estate when factoring in that extra 35% - maybe I'm just not looking hard enough, or in the right areas.

I'm aware that when investing in 2nds one important factor for many folks is to make sure the 1st is paid current.

You're probably good if you close in March or April.Did you factor in closing costs?

She is the interior designer and stager, and I do the manual labor and oversee the finances.