Purchase price: $45,000 Cash invested: $100 Sale price: $65,000 We cleaned the carpets and relisted it.

You should see if the seller will lower the price.....THEN when you close on it see if you can raise rents.Just because it was built in 1989 you never should "skip over" fees such asProp Mgmtvacancy  (Yes it is occupied now but it won't always be)insurancerepairscapexof course debt service (mortgage)lawncare, cleaning and maintenance (Different from repairs)trashDo your tenants pay for water and sewer? 

A few things with Allure that I noticed is that the seams must be clean and dust free, to the point I make sure we put the wax paper the boxes come with over the seams unless another piece is immediately installed, and you have to use a weighted roller or equivalent over the seams to really make sure it sticks hard.

I replaced the hardware in shower, did touch up paint, and a deep cleaning then sold it in less than 45 days for a profit to the IRA.

cleaned and placed tenant What was the outcome?

cleaned and placed tenant What was the outcome?

I replaced the hardware in shower, did touch up paint, and a deep cleaning then sold it in less than 45 days for a profit to the IRA.

Purchase price: $45,000 Cash invested: $46,100 Sale price: $65,000 We cleaned the carpets and relisted it.

Generates $4500 per month.

I more easily track all mileage, buy supplies like light bulbs, batteries, cleaning stuff, grass seed, icemelt, etc through.