You can put more down but it affects your pre-tax annual cash on cash returns off of your down payment.

List Price: $169,900 Rent:   2300 ( Priced a little below market rate)M/I              1000 Insurance      83PM                 230Maintenance  230Vacancy  230Repairs   230 Annual Taxes: $2,315 Projected cash flow 521House is in pretty good shape. 

Cal your one of the top guys in the field and I would like to know more of what you have learned in regards to tax deeds in Texas with your partner Mike Wolf.

Property number 1: estimated annual expense which includes taxes, insurance, trash utility, maintenance and vacancy is around 6,000.00Property rents for 1400 a month. 1400 x 12 months is 16,800. annual net income is: 16,800 - 6,000 = 10,800Purchase price of home was 70k with 20k rehab is 90k all in. 10,800/90,000 =  12% cap rateProperty 2 and 3 have a cap rate of 11%

Here's a link to the spreadsheet: https://docs.google.com/spreadsheets/d/1p1_bi0JjtR...Property InfoAddress: 418 Melvenia St, Indianapolis IN 42619Assessment From 2015: $47,200Asking Price: $52,500Gross Operating Income:Monthly Rent: $650/moVacancy: -$65/mo (10% of rent)Total GOI: $585/moOperating Expenses:Real Estate Taxes: -$47/mo (taken from Trulia)Insurance: -$13/mo (taken from Trulia)Property Management: -$58.50 (10% of GOI)Repair Fund: -$58.50 (10% of GOI)Utilities: $0.00 (utilities in tenant's name)HVAC Maintenance: -$8.33 ($100 annually)Accounting / Legal: -41.67 ($500 annually)Misc: -$12.50 ($150 annually)Total Operating Expenses: -$239.50/moNet Operating Income$585 GOI - $239.50 Operating Expenses = $345.50/moMortgageDownpayment: $10,500 (assuming the asking price $52,500 is the purchase price)Mortgage: $42,000 30 year fixedInterest Rate: 5% (mortgage calculators default to 3.92% so I bumped it up)Monthly Payment: -$228/moMonthly Profit NOI - Mortgage = $117.50 (NOI - Mortgage)Cap Rate (NOI / Purchase Price)$4146 Annual NOI  / $52,500 Purchase Price = 7.9%Cash on Cash (Profit / Investment)$1,410 Annual Profit / $10,500 Downpayment = 13.43%Questions:General feedback?

schedule e is a good look at how most small buy and hold types will determine actual income and expenses annually..

The best scenario is to have someone you trust explicitly named as your Trustee, ideally an attorney, as they have the expertise to handle wolfs should they come sniffing at their door.Here’s a real-life example of how, as a real estate investor, you might apply this:Your entity, The ABC LLC, puts an investment property under contract.

If I pay $10k cash for a car that I could have financed at 3% and invested that $10k into real estate making 10% or better, I look at it as me losing $700+ annually. 

@Kenton C.Here, on an annual lease, the tenant must give 3-months notice if they are not going to renew and the law permits the landlord to show the property during the last month of tenancy with 24-hrs notice.   

If you rent to tenants under the Housing Choice Voucher program, formerly called Section 8, which I recommend, the rent you can charge is limited to what the Dept. of Housing and Urban development list in their annual Fair Market Rent study.