Often times realtors will advertise a property as being "cashflowing" but in reality after cap ex, vacancy, management fees, it does not produce as well as you think. 

However, if the owner of the 2nd can't be found maybe you can get evidence produced somehow.

You calculate by putting the incoming revenue the property generates in the numerator and the property's purchase price in the denominator. 2% or more - High likelihood of a good deal1-2% - Could be a good deal Less than 1% - High likelihood it is a bad deal and will not produce positive cash flow. 

I understand that finding the right property around this location will be pretty difficult but I was wondering what are some cities/locations that I may have the best chance to land a home that can produce a positive cash flow.

You can private message or ask for my number :)My Goal (6 Months): Successfully start a Wholesaling Business in Tampa, Florida, and make my first Assignment Deal in this time period.My Goal (2 Years): Build up enough Capital to Buy, Renovate, and Rent out my first home, while still attending school.My Goal (Longterm): Generate a Portfolio producing $125,000/month, get mBA from UT, live a lifestyle doing what I enjoy.

Their are a few things that I have learned to look for on inspections that I missed the importance of on this one, but it all in all I couldn't be happier about how well they are producing and can't wait to get into more deals with my brother.

There wasn't anything special about it at the time, but it is now one of my higher producing assets as far as CoC ROI.

There wasn't anything special about it at the time, but it is now one of my higher producing assets as far as CoC ROI.

Online shows “vantage score” while my mortgage broker pulled a “beacon score.”Can anyone help me understand how/why these scoring systems would produce such drastically different scores?

Whats the economy like, is there population growth, what are vacancy rates like and is there a healthy growing job market, and corporate/business investment.