. $495 x 6 x 12 = $35,640 gross income. subtract 5% vacancy and your effective income is $33,858.

More REO's meet the "too damaged to be financed by the retail buyer", but they are constantly watched by rehabbers.  

If you want the quick formula for your SFR:PGI (potential gross income)-VCL (vacancy and credit losses)+OI (other income--laundromat, cable etc)=EGI (effective gross income)-OE (operating expenses)=NOI (net operating income)If you get financing, you do not factor that into this equation.

Second, you would effectively have no skin in the game.

I guess I didn't give it a chance long enough to see what strategy was the most effective.

She is seeking damages.

Also would our decision to finance the building + assets together or separately have any effect on this?

Hello i just looked at a house that has fire damage from a breaker box fire in the basement.

I personally dont think the value of the property is as effected as other areas and rental should be decent.

So, if these tend to appeal to an older demographic, does this effect how you accept online payments and application?