This wasn't looked at as a deal initially but a desirable place to be located as a younger 20 something.

Does this sound like a fairly accurate way to calculate my initial deal or would you be factoring in other things as well?

I am wondering at what time period the COC is measured and if the initial COC is below 10% but grows to 15% or 20% or more within 3-5 years is that an acceptable return for a buy and hold investor?

It took a few months to hear a response, but eventually The bank counter offered with 40k instead of their initial 60k.Lessons learned?

It was overwhelming initially but I am getting used to it as I gained more knowledge.

I am working with a realtor but was informed about preforecloseure status after I made my initial offer...

If/when the home appraises for $150k, refinance 70% of that $150k thus pulling my initial $105k out and leaving $45k of forced equity still in the deal while still cash flowing $200/month. 

My initial goal is a cash flow of $700/month. 

I am thrilled with my initial interaction with F&G, at least Marty, he was pleasant to speak with and optimistic about my journey.

Other than that all of my residual cash goes to my investment account for REI or other opportunities.Car Payment: 2.99% @$270 a month Owe $8,000Live overseas in Germany and have no mortgage or other debt except for car and my REI.As I first stated my initial goal was to have 10 homes by the end of 2018 and I was close but had a duplex fall through in December.