The correct answer depends on your interpretation of the question.It might be easier to understand the book answer if the question was phrased a little differently, rather than “What is your expected value for this investment?"

(I'm worried that my sisters lower credit score will negatively impact interest rates)Purchase the house outright for $160K , pay off the note, wait 6 months seasoning period and take a HELOC out for AUD.

To get elevated rates on this one, we felt the interior needed a cosmetic face lift.

I think that it would largely depend on the management contract that you have with them.

Or are things like cap rate, cash on cash return and cash flow more important than the amount of rent you receive?

I have thought about doing a HELOC but I feel like I am just creating another payment at a higher interest rate.

Rental rates are holding strong, which is promising for investors.

What is the going rate for a 3 bedroom detached?

3) Where can I find accurate market data such as school system ratings, population growth, median household income, and crime rates for specific neighborhoods in Orlando?

Hey everyone, as I'm sure you all know, it's hard to find properties that cash flow (or really even come close to 0) with the traditional 20% down and 7% interest rate that we currently have.