If you do the math, you’ll have to clean it up, have some vacancy, etc... which will cost money.

As you walk through a home that has two bathrooms, and you know what 1 bath remodel costs, you do the math and go to the “next section” of the home.

Although there are some risks, I've done the math. 

Do some math and you'll see why in CA you can force more appreciation than in KC.

I redid the math, and I think 9% is doable without overpromising.

I told him that his math is off, what I got was $2.1M x 70% - $150k in repairs = $1.32M and he is wholesaler with an additional $35K on the deal for his fee, so total MAX asking should be $1.28M NOT $1.65M.

Not saying these are legit concerns, but what I've heard from talking to different property managers.Could do the RUBS math ourselves, but don't want to deal with the administration every month, or the arguments from residents.Finally, and what we're going to do unless someone tells me to STOP, or the referrals I call tomorrow are not so good.... is to work with a 3rd party that does the RUBS math and sends the bills to either the property manger or residents.

Even high vacancy rate shouldn't result in owner giving it away.Rent after rehabbed max of $9,900/month.If I did my math correctly, that would put you at a 3.5 Rent to Purchase Price Ratio. 

I’d love to see your math that supports this.

My math shows that a monthly payment towards Principal and Interest on this loan would be $880 (assuming it is at 5.5% interest and a 30-year loan).