Closing costs are based on 2.15% for a VA loan with no money down.So if I'm doing this correctly the seller would have to accept my seriously low ball offer on their property for me to make any sort of decent cash flow, correct?  

I feel that the Wasatch Front provides a very strong market outlook, but nobody has a crystal ball.

Once you hit the 5 unit mark, it's a new ball game with a different set of rules.

I get calls from people wanting to come down south to enjoy those Golden Years or in the south or west but never up north, know of any?

I'm new to deal analysis so I wanted to give this one a try and see if I'm at least in the right ball park for analyzing dealsPurchase price - $587kYearly gross income - $42,461 (though for current listed rents it would be $60k)Yearly Expenses (50% rule) - $21,230 ($30k w/ listed rent rates)pro forma expenses - $24,700Insurance - $2,400Taxes - $12,000Maint / CapEx - $6,300 (15% of rent)Utilities (snow/lawn/water/sewer) - $4,000NOI (50% rule) - $21,230NOI (pro forma) - $17,761 P&I w/ 10%down - $30,000 ($2,500/month)Obviously this is a negative cash flow w/ a low DP mortgage, so this house isn't worth it to me. 

Aside from my own "education" either on the radio for my commutes or explorations on the forums and blog posts, I would eventually like to participate in local investing groups to keep the "ball rolling."  

She just dropped a potential buyer after over a month of going back and forth with low-ball offers, inspections, negotiations and nit-picking about the property (Her home inspection was sound, the house is just a little outdated cosmetically).

I probably should have gotten on the ball earlier, but oh well.  

Good day!  Hard to ignore the incessant commercials, tweets, posts, blogs, and overall belches caused by a very raucous election cycle.  As I hang my head over the political discourse our country has come to, I also p...

This puts the ball in their court.