Because that's 96 cents an hour, not including any return on the capital you put up

As other have said, read the forums, listen to the Podcasts and read the blogs.I would also recommend the local REIA - www.digonline.orgIn fact, this Thurs evening there is a large exhibit being held by the REIA where there will be over 65 vendors including lenders.

Upside: I keep the liquid for other things if needed, including paying the loan off if the interest rate suddenly goes ballistic in 5 years.OR: should I drop $30K into the house, and finance $60?

Just be sure to include that the buyer is responsible for closing costs in your agreement.

The first property I bought had 3 offers including mine.  

Emphasis in operations include: repetitive, methodical process; unsolicited direct mail campaigning; forced value generation; off-MLS marketing; market arbitrage; options, and creative Seller financing.

Once it's done we'll be all in for around $600,000 with gross rents projected at $13,000 and everything except the subfloor, studs and roof will be brand new.This post is long enough without getting into actual percentages etc on each project but as you can see they vary...I look at it like my old 401k where I tried different options of risk...some had a better return than others.  

If so, I am including these numbers twice...Best Regards,Hans Wold

Is that brand new as in a builder built or investor that flips properties.

"The Book on Rental Property Investing" by Brandon Turner Chapter-by-chapter Q&A BoardCHAPTER 1 - Why I love Rental PropertiesPlease include page numbers in all comments for reference.