The property taxes are eating into the bottom line of rent income.

The mold issues alone could easily eat up half that budget let alone putting it back together for resale. 

I am doing a value play on this deal and water/sewer is eating alot of the current owners profits.

Eat some of my tasty homemade pumpkin bread… WHEN: SATURDAY, JANUARY 12WHERE: METRO BROKERS – 605 25 ROADTIME: 10am - NOON Please let me know if you expect to attend so I can plan accordingly.

When I do account for 10% of gross rents for cap ex it really eats up any cashflow margin I would get.2.)

Even with cancelled PMI, my monthly mortgage/tax payment goes up to $1650, eating most of my cash flow.The rental would likely break even for the near future and preserve equity, barring a recession. 

Month 2 of education in wholesaling (Hopefully not getting analysis paralysis)  But which would you guys say is a more successful route to take ? Getting the buyers list together or just getting a property  under cont...

That really eats into profit for multiple years.

Its probably not a good idea to have all your eggs in one basket or all your STR's in one area and no long term rentals to cushion a blow of losing the ability to rent all your STR's that are in one location.I imagine there will be a lot of new long term rentals or houses for sale in the South Lake Tahoe area.Also it says banning "most" what are the exceptions that don't fall into most?

I've been eating up Podcast like a mad man.