The average % for CA is 1.25% of the purchase price, Prop. 19 helps with this in a big way! 

I do not feel that the city of Spartanburg is a good rental market for investors due to the high tax rate  2.5 to 3 months rent just to cover the taxes on average for medium income rentals.

Furthermore, I received an outdated data report, possibly, in my current opinion, in an attempt to pass me a fast one by me.As a side note, my wife believes I might be overestimating the expenses of addressing the concerns raised in the previous inspector's report and that I could be mistaken about the entire situation.

What is the average cash flow on the property?

I would say 10% is conservative but then again these are variable expenses.

And cash flow will improve over time, your rent should increase more than your expenses will.Ernie Garcia and Verde Investments' redevelopment of the Fiesta Mall should be a tailwind.

Obviously, you will need to deduct for repair estimates and "safety margins" plus other expenses you will encounter."

If you choose to borrow the funds to pay it, then only the interest expense should affect your CCR.Hopefully, others with additional expertise will respond:)

Also investing in a place with high rent growth or higher appreciation due to increased population as well as average raises, or as well as how wages have increased over the X amount of years are all going to be advantageous.

Is it better to keep one property that's producing well or sell one to get two and have similar results as far as income minus expenses?