Unless there are some extraordinary expenses on this one, a house for $47k that rents for $900/month is a really good deal.  

I'd love to hear from anyone who has had positive interactions with any of of these professionals in the real estate industry.

TIP: Document all your tenant interactions and always be professional and to the point.

If you understand how the numbers interact you'll feel more comfortable in your evaluation of the deal and it's risk/reward and it's overall "value".Word of caution, just because the numbers make sense that's not the entire part of the equation... but it will help you narrower down your search.

looking forward to learn and interact with other veterans.

We look forward to interacting more on here, not just reading.

So I guess I'll let this one sit....its very possible and even probable based on my interaction with the seller that this deal will still be around next year!

This is my first post here, and looking forward to many more interactions with all of you!

I started taking this seriously about a week ago and have already learned a lot from my interactions here.Thank you both for your responses.

To combat this, we provide interactive multi-sheet property jackets to help educate investors about how we calculate ROI and how the different components impact the bottom line.