I live in top half of the house, have my own kitchen and bath.Rent bottom half out for $1,000/month (market rent $1,00), house is set up as duplex.

@Malcolm Lawson Yea the place we put an offer on was nicely flipped and the bottom "unit" really did feel like an apartment all on its own.  

@Simon Ruiz I think it would have at least a small impact for sure, economically if a tram cut a 2 hour commute in half and the average person makes $25 an hour plus say $5 in gas that's $60 round trip.

The only one in there now is for doing a sixty second review of a property, but there is a link at the bottom that you can fill out if you want updates when the more in-depth one is finished.

Bottom line - I won't use it rentals again.

I make it regular practice to teach my sellers about seller carry options and find out what their bottom line is for downpayments, who can more easily carry for a buyer as opposed to massive downpayments.

Spot Removal Guide for CarpetStep by step advanced treatment recommendations see bottom for spotting solutions.BLOOD: 1.

I was just wondering if anyone knew of any good/reputale property managers in the Austin/Round Rock area.

Bottom line, the property is distressed and will end up selling similar to my numbers either way, now or later...I'm trying to convince myself of this to get myself off the ledge and just do it.

Each home yields the same 13% cap rate but you also need to deduct the cost of borrowing the money from your bottom line.House # 1: Price: $100,000 Annual return after expenses: $13,000House # 2: Price: $100,000 Annual return after expenses: $13,000House # 3: Price: $100,000 Annual return after expenses: $13,000House # 4: Price: $100,000 Annual return after expenses: $13,000House # 5: Price: $100,000 Annual return after expenses: $13,000Total Portfolio: Price $500,000 Total return ($13,000 X 5): $65,000Total Interest: ($500,000 X 4.5%) $22,500Total tax savings ($500,000 X (4.5% X 35%)) $7875Effective Cost of interest ($22,500 - $7875) $14,625Total Profit: (Total Property Return - Effective Cost of Interest) $50,37550.375% Cash on cash return.Notes: Of course there are a few factors not taken into account as well as other over-simplifications with this model but it is meant only to prove the point of how leverage impacts return.