We only moved the toilet about three feet to the shower, so it's not like it's long distance heavy lifting to put it back, if they want.108 year old house, FHA and HUD and income taxes didn't even exist when it was built.There was also some other little stuff that was a few hours in an afternoon of work for the buyers.

I have had this burning desire for a couple years to start back flipping homes and then would like to rent for positive income to fund my flips.

. $804.03 PITI $41.67 Sewer bill $146.50 Property Management (self) $146.50 Cap Ex $73.25 Vacancy Rate+$58.60 Utility/Misc$1,270.55- NOI-$1,465- monthly rent$194.45 Net Profit Income per month x 12 months = $2,333.40 Annual Net Profit IncomeTotal Deal Appreciation: $14,000- (38.25%) ARV was $101,000 Depreciation: $2,345.45- (6.3%) Amortization: $984.58- (2.68%) 1st year loan pay down Cash Flow: $2,333.40- (6.64%)*Property Management: $1,758- (5%) I self managehad script issues with bp website, could not rotate pics.     

         /  -$2150 monthlyRent per month: $3050Expense per month $2840Net Income: $210You would profit, but not exactly to much for the work it'll take. 

I am looking to get passive income or to flip a house.

The condos appear to have good rental income.

They were a little young, but both were college-educated, well-spoken and very confident they would pass the background and income verification check.  

I am a small-time landlord with 6 SFH rentals, all of which were purchased to be rentals (retirement income - I spend an inordinate time worrying about retirement lately) and all have been rented since purchase.  

The good part of this is that it's a pretty good job, so it will allow me to have a fair income/cash flow to put towards investing.Otherwise, I'm a quick learner and fairly good with finances but I'm not bringing anything to the table in terms of knowledge about construction/building/renting/etc. 

My tuition will be taken care of, but that leaves me with nothing left over for living expenses, so I'm hoping to have continual income from a place I'm familiar with (in this case the city I grew up in) while being otherwise able to focus on my studies.