My other rule is that if I were to rent to a pet owner, I know that pets and carpet are not a good mix.

As a rental:$850 rent$425 expenses (50% rule)$425 NOI$100 desired cash flow$325 max payment$48,850 max all in price$10,000 repairs$38,850 max you can pay for itAs a fix and flip$139,900 ARV$97,930 70% of ARV$10000 repairs$87,930 max you can pay for it$20,985 best case profit$13,990 realistic profitProfit based on paying $87,930 and sticking to your $10K budget.

For example, a woman catches your eye in a 50% rule thread - she's located right between MikeOH and Will arguing - and you randomly send her: "If you were a super hero what would your super power be?"

I always wonder if it's really a good idea to take advice from someone who can't even follow some simple forum rules?

Rent $4110Expenses $2055 (50% rule)NOI $2055Desired cash flow $800 ($100/unit)Maximum payment $1255Maximum price $161,873 (7%, 20 years)Read in the landlording forum about expenses and the 50% rule.

We took it all the way to the state office of the Association of Realtors and they ruled it is OK as long as it is stated ahead of time on the MLS.

If you use the 2% rule, and went with what most people put under the "Cap Rate" Section of the MLS , you'd need a 24% cap rate for the property.

Some states make the rules harder to follow than others.

We just went past the 90-day mark from purchase.We are getting ready to list the property for sale - our realtor has concerns about transferring now because of resetting the 90-day rule for FHA buyers.

This is very different and not all agents follow the rules.