Nope pretty common.. keep in mind though in some mid western areas were you can snag cheaper properites % profits can be higher but gross income still in the 20 to 30k range. 

While Oakland used to be a cheaper option for people who wanted to live closer to SF, that is no longer the case.

And if @Walter Jimenez's credit scores are pretty decent, Conventional will be cheaper regarding monthly payment, and will only require 3% (FTHB) or 5% for down payment.

If it isn't particle board then it sounds like this contractor wants to do it their way either for reasons of they can get the materials cheaper and upcharge, they do not like the fumes and process of other products etc., or they want to use a process that involved a lot of time and MONEY to them in labor.If they can tell a customer they need to do something in a way that takes a lot of labor hours to go slower then they can talk and say that is the best way etc.If the contractor simply doesn't want to use the product or process you want once you confirm it is not particle board then you want to know that now before they even start.

In fact we realized that the clients that were on the old cheaper price actually we worse clients then the ones that paid the higher price.

392 4th St, Troy NY 12180potential monthly rent- $1,600cost of acquisition- $45,000anual maintenance / repair cost- 5,000Taxes- $3,000insurance- $1,200water- $900Cap rate = 18.86%Taxable net income = $5,591/yrassumed vaccancy rate = 8.3% (1 month/yr average)

May cost $150 but that's cheaper than another month's vacancy (pretty good response but one of the more expensive methods)-Yahoo Real Estate (I've had little success here)-Contact local university/grad school housing office and provide them your info-Put up flyers at your local coffee shops, library, grocery store and any other hangout.

Or mabye its $1.50 in even smaller towns or towns where labor is cheaper.

So go learn it.Let me add this.You learn from you own mistakes, but it's cheaper to learn by someone elses....but, you need to learn both ways to learn what you really need.

Auction I got the kitchen faucet for 39.00 and the bath sink faucet for 39.00 in the ashfield design (the little well pumpy deal) plus shipping which is cheaper than clearances!!!!!!!