Most of my tenants think the guy is a total a-hole, just the way I like it.

Totally forgot about the realtors fee, definitely can't forget about that when adding up the expenses.

I'm considering buying a "home" that I would be totally knocking down to build my next house.

It was totally trashed.

That means you have a total of $500 to cover any debt service, or the amount you agree to pay the seller every month, and money for groceries if you don't have a job and want to eat.I might make an offer with my monthly payment being somewhere around $350 per month giving me $150 profit and that would also be the return on any down payment you give.

Take this opportunity to update the now vacant one and you can now demand a higher rent.It may sound like alot of work but real estate is not "totally passive" like all the late night guru's state.Good Luck!

I am totally against it since i know they have issues controlling who gets this information and what they do with it.

They have paid $800 total additional for the pets.

As far as buy and hold properties, I've found that all investors (experienced ones at least) will care about is the total cost of rehab and purchase price, which they most likely will not rely on you for that value.

He responded on Sept 10 and asked me the amount of the pays due payments and the total they owed.