Do these number Monthly Gross Rents $ 4200Monthly Expenses  Vacancy       $ 336 (8%);  (including here since 50% rule includes vacancy as part of expense)  Prop Mgmt   $420 (10% of gross rents)  Insurance     $208 ($2500 yearly; quoted by insurance agent)  Prop Taxes   $680 (2.9%/year of assessed value; actuals; eats up 15% of gross rents)  HOA fees      $330   Maint Reserves:   $420 (10% of gross rents)  Maint/Repairs       $84 (5% of gross rents)Total Expenses : $2478 (59% of gross rents)  NOI:   $1722  Mortgage: $1215 (25% down @ 5% interest)Approx Cash Flow: $507/month (about $125/unit)Cash-on-Cash: 7.2% (Assumes 25% down + 3% closing costs as initial cash requirement)Thanks,Jacob  

I have a semi-organized plan, but before I invest a significant amount of time and money I was wondering how many here have actually used either lease options, master lease options or seller financing in the Dodd-Frank era?

@William Murrell I am actually waiting on two banks to approval or deny my loan on this property.

I am already using LoopNet, but I think I need an actual broker that can run comps and help me analyze deals.

Three brief thoughts:1) at some point prices will make new highs. 2) it's been 8-11 years since "2005-2008".3) you're not accounting for inflation, so prices haven't actually reached "those" levels quite yet.

Account Closed I also recommend Chicago Title for many reasons, but most importantly the number of actual offices.  

Hi Serena... the house never actually went on the market, so we never had to get a PM company. 

I actually don't mind the wait because I'm working on one of my properties to get it ready to sell, so I won't have time to work on the one I'm buying until I finished the one I'm selling.

And second what is a good percentage or share to give him since he will be the one there managing the actual flipping?

That's awesome I'm actually originally from there and just moved to South Florida and am starting my journey in real estate investing too.