The rents are at about $2800 currently, but market prices show I could raise them $3600 or more - one issue is whether the current tenants will leave (they are not under any leases).I got the inspection done, and there are 4 major things I need to get fixed.1) There are 2 chimneys in terrible condition.

These cash-flowing houses may have clientele with job issues, often late pay troubles, and if you buy older houses, these will need major systems repaired or replaced. 

This is a major!

I buy the majority of items from HD.

But it could boost sales for owner occupants, now more confident they may not have to worry about owner/renter ratios or being majority rentals.. 

There are major components to look at.I have my big 5 or so.1.

A majority of subscribers are just getting going with R.E. so it makes sense to target that kind of investor.None of it has the kind of content I am interested in which is more advanced topics but that is only a small part of BP.

Bottom line, RE gurus make the majority of their money by telling others how to make money in real estate but not actually doing it themselves.

Credit Karma (Free) is also a great site if you are not already on there as they provide insights into all three major credit reports and provide you tips about what is really dragging you down. 

This is also how I would sell him on the deal.Estimated Minimum Closing Costs $5,500.00Estimated Closing Costs Based on Prop Value $5,500.00 Repairs/Construction $10,000Total Loan with Seller Concessions $100,000.00 % Down Payment 20.00%Down Payment $20,000 Remainder of closing costs $15,500.00 (this assumes you are paying for the renovations out of pocket)Total Due at Signing $35,500 Mortgage Rate 4.75%Length of Mortgage in years 30Monthly Mortgage payment $417.32 Taxes $100.00 Sewer and Water $- Trash $- Heat/Utilities $- HOA $30.00 Cap Ex and Ops $150.00 (this is your future roof replacement, hot water tanks and other major items)Insurance $250.00 Mgmt Fee $140.00 Vacancy $113.40 Total Expenses $1,200.72Total Revenue $1,400.00 Cashflow/month $199.28Cash on Cash Return 6.74%