My fear is I'm TERRIBLE at math & no studying in the last 36 years, but I know you are right.

Would have been easier if you were living there,but if the move was forced you'll have some leverage.Otherwise its a math problem.

So then when I call them and I don't have comps right off the top of my head, or can't give them a price within the first 30 seconds of a conversation, they think that I didn't do my homework and that this is all a game.I had to think it through and to me the people that I would lose from sounding like I didn't know what I was doing was more of a chance than me losing someone from them not wanting to leave a voicemail..just my take on it

But with that don't use eraser math to "make" a deal out of a dog.

Z buyer is not a scam but before you sign up , Do your math first because they do not refund your money once you start.

This means it may be hard to simply sit down and figure out simple math on the general taxation without involving IRS rules.

furthermore, you should do your homework on the association first.

Income: 650X24X.83X12=$155,376/yr50% expense rule for a property of this age= $77,688NOI = $77,688Price at 8% cap rate = $971,100If you want a better return you have to do the math with a higher cap rate.

The important thing is to make sure the math works!

Good thoughts, Vince and Jon...Jon - I often like to think about the fact that if you start with 1 penny and double it every day for a month, you end up with...well, I'll let others do the math, as it's quite eye opening what compounding effects can do