Assuming:- $132K Purchase- $15K Rehab- $200K ARV- $10K Loan Costs- $20K Holding/Sales Costs (Assume 10% of ARV)That puts your estimated profit at:$200K - $132K - $15K - $20K - $10K = $23KPersonally, this deal is a little bit thin for me, especially if it's your first rehab -- it doesn't give you a lot of room to be wrong on your rehab estimate or your ARV estimate.But, if you're 100% confident in those numbers, it's not a horrible deal.I don't know any HMLs these days who will lend 100% of anything.

Things that do well in a normal business recession, can be horrible places in a financial credit recession.If a recession is coming in the next 1 to 3 years, two strategies makes sense:1) short-term investments that will mature in two years or less.

He couldn't believe you could buy a good house with good income for $27,000 (Good house - horrible neighborhood).

This is a horrible deal for you and a grandslam for them.

.- Any duplex that is only $30-40k is probably in a horrible area.- Live somewhere you will enjoy, feel safe, and your neighbors won't be horrible quality (i.e. sacrifice a little money and returns to be happy and safe).- If you want to be really slick and know if the property is a good deal, pretend you are renting out both sides and calculate your cap rate and cash-on-cash return.

I do not want to deal with horrible tenants, (who does I guess :), as I hear it is a nightmare!

Hi Guys,I realized that I done a horrible job at tracking my ROI, mainly because of lack of time and maybe ignorance as well.

And they tend to be the highest spread...Always included any source you can even if its just 10 obituaried per week, month etc...We get angry people who think what we do is tacky and horrible, in probates, absenttee etc...its comes with the territory...

I've had horrible property managers!

I purchased a house that had horrible odors.