Finally, I look at these on a combined basis to understand my “total” return.

.$3600 per month - property taxes - utilities - trash removal - property insurance - rehab costs - vacancy rate - cleaning and maintenance when tenants move - property management costs - accounting costs, etc and if you pay cash for everything you will still probably come out okay, but if you pay $54,000 plus $150k cash for rehab + all other costs the big question is; can you invest your $200k into a more-profitable property vs. spending very good cash on something that almost appears to be a huge dinosaur you will need to clothe, feed and he will eat you out of your own house.We need to see all the numbers and stretch them out like in the chart below.The following chart is what I am guessing your numbers will look like.

@Jay Hinrichs Yes sir, we would never EVER have guessed that adding improvements and riding the Nashville market wave could lead to that final number.

We have finally chosen the city of MEMPHIS, TN for our out of state REI journey.

Sometimes, a home warranty offers valuable coverage that you can use with no hassle; other times, it just provides a "sense of security" when a first time home buyer finally buys a house.  

It subtracts the beginning value from the final value Say you paid $500k for a property and sold it for $1M.  

In my area - which is no metropolis by any stretch of the imagination - cap rates are running about 6 on MFH and there's not enough SFH at good prices that you could buy with that kind of down payment here.

https://www.timesherald.com/lo...

The huge development plan on the corner of Dekalb and Main st. just received a huge endorsement from Norristown officials further solidifying the legitimacy of this project. It ha...

We did so because we are interested in achieving financial freedom and growing generational wealth through real estate and decided that 2021 is the year that we will finally begin! 

Finally, if you are seeking something closer to home I have great trust (as an educator and someone who has been in this space for a very long time) in Chris Tanner at New Direction Trust Company; they seem to offer many of the above options and we have investors who are very happy there.