What kind of house has a 50% operating expense expectancy?

You might try the National Apartment Association:http://www.naahq.org/Pages/welcome.aspxTN may have a similar organization.

I'd liken it to the problems you find in a meth house (where an illegal lab has been operating)," he said.

Throughout the United States, operating expenses run 45% to 50% of the gross rents.

Understand the numbers (especially operating expenses)3.

Plus I have more exit strategy options.Choice is ultimatley up to each individual investor on what types of portfolios they choose to operate.

all I care about are 'Solds'what are or have been selling at what price.Obviously the MLS is one of the easiest ways to find this out quickly.I do use a separate service that only operates for my particular county and they access all the records and compile the list for me.

there are 3 meters on the property and 2 furnaces i know off. i'll contact the agent tomorrow to find some more specifics about it. im not sure how the 3rd aprt operates. its an add on. butt anyways this has potential which is exciting.

That's a usual and customary basic real estate approach to share title interests while operating and phasing other title holders out of ownership.

This is usually how Litton operates.