This stimulus money doesn’t help the average investor very much.

Get 2 more foundation quotes and average them.  

I make about 700 cold calls daily and on average talk to about 30 people.

With 75% being an average return and closer to 100% the better.

Did you average 500 a month NOI?

In fact, NPR just ran an article stating that many average payed workers will be earning more while not working with the combination of unemployment insurance, plus the "enhanced unemployment" payments of $600/week, and the stimulus checks!

It's all about Dollar cost averaging.. 

@Gardy Saturne I wouldn't put that $500 towards direct mail, on average it's going to take quite a bit more than that to get your next deal.

People often apportion 10% for CapEx/repairs, and your management company (if you have one) would be able to tell you average vacancy rates. 3br in Greenfield is probably not high vacancy, so I would estimate 7% (but who knows).I run my own calculator.

HOA Monthly Fees & Average Rent   (Based on Smallest Unit in Building currently listed - HOA are based per/sqft) Veer $556/month. - $1950/monthMartin $678/month - $2200/monthPanorama $681/month - $1850/monthAlso, as stated above, trying to get traditional financing on this type of asset is extremely difficult too secure.