Of Course, his detailed analysis and comments were on par with other roofers who visited this property.

Matt, your comments/questions expanded on what I was trying to ask, so thanks for keeping this going and helping to flesh it out. 

.- Then you will pay part of your assignment fee to the realtor, according with your agreement (30% of 5,000$ = 1,500$ if you found the investor or 70% of 5,000 = 3,500$ if the realtor find the investor) There can be an issue - Probably the investor has his own Realtor to handle his purchases, in that case you will need to figure out something mutually agreed with your Realtor, because he and his Brokerage will not get his split of the commission from the listing agent at contract closingAnyone has a comment about this?

In addition to Darren's comments, attending live events such as the one Darren is putting on later this month is beneficial to you for a number of reasons.

Leave me some comments if you'd like.Asking Price: ~$200,000 (willing to negotiate)Terms: 30yr amortization at 3% which raises after time (rate/time negotiable) with a 15yr balloon (also willing to extend if everything has went well)Mortgage Payment: 843.21 (this is with 3% FIXED rate, so in reality, at some point it would be higher)Monthly Rents: 885 + 865 = 1750/moVacancy: 8.5% (seller says 0 vacancy)EXPENSES:Insurance: $41.66/mo  $500/yr (actual quote: $494)Property Management: $175/mo (would be managing myself, but always build in property management)Repairs and Maintenance: $300/mo ($150/unit, although the house is in great shape and will not need these kinds of numbers for some time)Property Tax: $291.67/mo (a touch less than $3500/yr from tax records)Sewer and Water: ~$50/mo (utilities came to roughly $43/mo on avg.

If you comment with a question or two, you'll probably get a response as well, :).The podcasts are great as well- informative, thought provoking, inspiring, motivating, and very comical sums them up.

Cap rate, cash-flow, cash on cash return, etc.And then I would like for you all to comment and provide your thoughts on if it is doing well or not.What is the best approach to do this?

. , thanks for your feedback; have you ever had anyone comment one way or another on the length of your purchase contract (and yes, my apologies, I was referring to the wholesaling field)?

Thanks in advance for all insights and comments.

Darren,           I always like reading people´s comments the best, and the one where John Elmenhe said he could feel your excitement made me say ¨me too!