I currently have a duplex in which I pay for water as that is how the previous owner had things set up with the tenants.

The appraisal came back within $7K from my ARV estimate and I thought I was set. 

Please feel free to message me and maybe we can set up a call. 

Set up your key words and include "Raleigh." 

Let's start with setting market rent: If you are a tenant, how do you determine what a property is worth to you?

My first one i was in a basement type setting i thought i was going to be in a fancy hotel before i got there the guy i was in contact with misguided me the directions so i was already off to a bad start, then i told him what i wanted to get into and i said wholesaling and flipping but this event all they spoke about was a lot of the legal stuff and how to get loans and use other peoples money no money no credit never explained much else, so i didn't really find anything out of that.

@Beth CannonHere in NJ for extended cold weather the system stops providing heat as there are no heat elements in the atmosphere to extract from.

@Lexi Teifke - As always, the theory like the theory, but in practice is what counts.The internal rate of return hurts my brain just to read the definition, never mind calculating it: internal rate of return on an investment or project is the "annualized effective compounded return rate" or rate of return that sets the net present value of all cash flows (both positive and negative) from the investment equal to zero.

It's also important you set boundaries with your tenants. 

This has led me to business school where I plan on taking a 1 year Masters in Finance which will only set me back 10k with a potential starting salary of 60k.