@Melissa S Vrobel I was referring to what you had initially said, "taxes and insurance being raised each year", and referencing the fact that some renters may choose to leave or break their lease when asked for higher rent.

@Jack Calhoun There are a few "rules of thumb" but ultimately, you'll need to do a full underwriting on a property before you actually put in an offer.I would suggest finding a good property analyzer spreadsheet and getting enough practice that you can quickly do an initial analysis within 30 mins or so.Some things to look for in a property analyzer: Allow for separate entry and exit cap-rateMin 5 year forecastinput for rent/expense growth on each yearincludes rehab and capex costsincludes debt service and financing costsincludes acquisition and disposition costsProvided IRR for planned exitHonestly, there's a ton more bells and whistles you could add, but I would consider that the baseline if you're talking about deals that size.Hope that helps!

My guess is when the US House is back in session they will try to muster something. 

Now I don't initiate any type of introduction. 

Your net return is 2.3% based on your initial cost basis.

Would I split the initial wholesale fee difference between the $55k & $70k?

I have a lease coming up due and the lease agreement has 2 people (not related to one another) on the lease with an initial security deposit of $1000.

However, even though you are keeping the initial property, that CF from that property will go down.

My initial thought is can't we manage with couple of window AC units.

Initially the PP was 310k on open door.