What I mean is I try to buy distressed properties at a discount that need Rehabbing to force appreciation.  

It was the old tenant's choice to move out early for the compensation they received...its has nothing to do with you.You would of been in trouble if you forced them out.

Not much you can do over the years to force any more than the local comps are going to give, no matter how much rents go up.  

A week ago, I went to the property with my agent and a contractor and we realized that there was an attempted forced entry.

If so, then 100% financing is available.If not, then go the lease/purchase route:If she can go FHA 203B, then figure out what she needs for a down payment and divide by 12 or 18 or 24 and add that to the rent as forced savings for her to buy.

Flood maps are updated every now and then and being changed to being in a flood zone can ruin your numbers if you're forced to purchase flood insurance after purchasing.

I am a firefighter in the United States Air Force.

Hopefully building equity from forced appreciation.  

Synopsis Purchase Price $ 220,000 Down Payment 20 % $ 44,000 Amount Financed $ 176,000 Gross Income $ 40,800 NOI $ 17,842 Debt Service $ 10,205.15 Monthly "Cash Flow" $ 636.40If I add in 20% (10% return ON my invested money, AND 10% OF my invested money) I get Synopsis Purchase Price $ 220,000 Downpayment 20 % $ 44,000 Amount Financed $ 176,000 Gross Income $ 40,800 NOI $ 9,682 Debt Service $ 10,205.15 Monthly "Cash Flow" $ (43.60)When I force this return, I am looking for a break-even or better number, and this is close enough to break even for my screens.As far as telling you to go for it or back out...

Occupancy is 100%, rents are already about market rate, and tenants are already paying their utilities, so I can't add value there.In my mind, the good side is there's low maintenance, but the bad side is, I won't be able to force appreciation/cash out refinance in a few years (my original strategy).