Nevertheless, you have to think like the end buyer to determine the quality of a deal.You have to consider six categories:1) Buy price2) Selling price - ARV or after repaired value3) Rehab costs4) Purchase costs5) Holding costs6) Sale costsYou might think you would start with the buy price.

If it were me and it was a repair on my house, I'd probably replace it.

If you pay that, and it needs absolutely no repairs, and you sell it for $140K, you stand to net about $14-21K.Now, there are a bunch of assumptions in that rule of thumb.

That, amoungst many other things, is why I invest there and will continue to do so.I also agree that pegging an exact figure on repairs or vacancy for a given year is near impossible.

Other problems seen were the master bath tub caulk needs repaired/replaced, (and will be), a window screen is out of a bedroom, and a couple of closet door guides need replaced.

Are there other options or techniques to consider or try?

You said 36k purchase price but didn't give a figure of how much $ you invested in repairs.

Good Morning Jon,Wow...I have to say that you are truly an inspiration..whenever I am searching for more knowledge or information on a topic...you better believe wheatie is right there assisting people...thank you so much for taking the time out to share your experience on this tool that Joshua has afforded us...You have helped me more then you can imagine.Jon this home was totally renovated I mean it looks brand new inside...Its a forclosure and the bank is insisting on a Rehab. loan...there is little to no repairs to be done a light fixture cosemtic thats it...can you help me here...and are rehab. loans good...a friend of mines said let it go...tell them you want it as is or not at all..I am having a contractor look at it tonight..thanks have a wonderful day,vjb

Does your lease state that the items are there only for the convenience of the tenant and you are not responsible for repairs?

Yes, I have been doing credit consulting since I learned how to handle my credit repairing.