It will be interesting to see what happens to homeowners and investors with adjustable rate mortgages and HELOCS on their properties as those rates rise with inflation over the next cycle.I can remember in the early 80s when mortages were being sold at rates higher than 15% and you could get bank CDs earning 10 and 12 percent interest.  

Always remember to persist and you will WIN!

The interest rate is a little low for seller finance and if you plan to sell the note, remember that the lower your rate is, the higher the discount will be from your buyer.

Remember to persist and you will WIN!!!

Also, just remember the NOI does not include debt service which will need to be subtracted to determine cash flow.

Do not cut any corners to make something (like an estimate) look good on paper but not in real life.Always remember to do the math analysis and try to look at prospective properties before you make an offer or at least have a clause in the purchase contract that allows you some upfront time (usually 10 or 15 days) to make a detailed inspection and possibly back out of the deal without a penalty that will hurt you too much.Find/Hire a Team of local and experienced professionals to help you get things done.  

I based this off of something that (Josh or Brandon, I can't remember) had uploaded previously but we changed it to break down the individual expenses per unit. 

I don't remember his name, but I'll see if I can find it in my records.  

Remember that you will need to pay them VERY well (from the profits) or they will soon just do the same thing and be your competitor.

Remember the adage of "don't invest more than you can afford to lose".With relation to your home mortgage I would say it depends on the rate of interest.