Hey @Arthur Banks - Although this obviously depends on a lot of factors, here's what I use: Purchase closing costs: $5000Income Increase: 2%Property Value Increase 2%Expenses Increase 2%- However, you may want to run those last 3 even more conservatively, maybe at 1% or 0% - just to be safe.

I'm contemplating taking a huge leap and trying to buy a house that is already rehabbed and occupied with a Section 8 tenant.Now, obviously I'll need to acquire funding should I decide to go through with such a leap.

Isn't it obvious?

Since you have a long term employment agreement I would think you'd be good in finding financing however Germany is obviously different than here in the US.I've actually been to Darmstadt a number of times years ago.

The numbers for price per unit are obviously (at least to me) based on larger complex sales (my guess would be 50-100+ units).

Getting my Real estate license I feel is the obvious choice for my long term goals.

Also, obviously there would be financing involved, but for the purpose of this debate, there's a 20k chunk of cash on hand.The point is, we live in Portland and Los Angeles.

(Obviously I'm a naive city boy from the CA coast).

Obviously, anyone who is not aware of this is not even close to being qualified to assist people in foreclosure.

The original contractor appears to have pulled permits but then added bits of wood or stuff to the structure which wasn't included in the permit.I'm determined to get my head around this property violation thing because it's obviously a niche market and I'm sure there's good opportunities for investors who are able to deal with violations.