That's not surprising with record low inventory and record high demand, it appears even pessimists like me have nothing to complain about.

@Bernie Neyer they have some of those domes in Arlington KS where my buddy lives - not much going on there - but they are ugly - I can understand why the city didnt want them in town.I'm surprised you can't get your costs down - but then again small town prices are way higher on trades and supplies than say Wichita for example. 

If you get  plenty of leads a day, you are set, but I would be a bit surprised if you did looking at your site.

24% cash on cash in my view especially for rentals in WI a high local RE tax state would be surprising,,, and admirable! 

Gripes from real estate owners/syndicators over appraisal results are nothing new and certainly not surprising.

If I had to guess, I'd say the show up rate is about 75% (and I specifically put in my ad that background and credit checks will be done, so no surprises for people).

Don't be surprised if he accuses you of ripping him off and taking advantage of him. 

Rates vary from lender to lender - getting quoted 4 1/2 to 5 1/4 - this is my biggest surprise.2.)

I used the local ( Fresno) vacancy rate of 5% which came from the last U.S census bureau  - you're right about the taxes though  I missed that one and used my own local taxes - I should have took note of that better -  I usually try to make deals look worse on paper and if they look too good , I will start to undermine it with heavy expenses and higher vacancies - just because , I would rather be pleasantly surprised than to have a bad surprise.

youd be surprised at how many future old ladies i can see on this forum alone