Looks really high, compared to the purchase price.What's the charge for "gas?"

I am looking to start investing in Dayton because I know the area as well as a lower cost of acquisition and ROI compared to Washington state.

Does anyone know what software to use when creating a comparative market analysis on properties in the area you are purchasing from?

.)· Median Rents by Number of Bedrooms· Population Change (Births, Deaths, In-Migrations, Immigrants)*note that some of the metrics are composites that are computed by comparing two or more variables from the ACSA number of the variables above can also be broken up into cohorts, which will give you even more insight into how an area is doing.

I also plan to complete some aesthetic renovations over the summer.Looking at the comparables in the area, most similar properties rent for $1250-$1400 a month.My issue is that with my current expenses at $1224 a month without utilities, that leaves me with very little cashflow, especially for establishing a reserve fund for repairs and vacancies.

Comparable recently sold property is all that matters. 

You can also show your tenants comparables.

(I said it much nicer than this, however, there is a language barrier as he is Spanish speaking and very little English) Due to this, the tenant has decided to withhold his rent for his last month of the lease stating that he's not paying until he gets his deposit back (which is $850 compared to $950/mo current rent).

Compare a 3/1 to a 3/1.  

Private lending is more comparable to the Wild West of lending as the options are endless and vary case to case.