I think I like Steve's idea better...but if I did buy and rent the gas dryer out, how much would you charge to rent something like that?

How much do people normally charge for assignment fees or finders fees?

They're smaller, tend to be on long, skinny lots (for a while most cities charged property tax on how many feet of street access you had, so you had a lot of long, skinny lots), and are in older areas of town.You can also find out the years properties were built by checking out the county records, or other means of snooping on one's neighbors- like http://www.city-data.com/, which is a good, free resource to get demographics of an area, and you can also go up and down streets (in my city at least) and find out what the tax records say- bedrooms, bathrooms, tax appraised value, all that good stuff.There's lots of places and tools to get that information, but that's one of the sites I use a lot.

If they DO NOT charge rent they may deduct the additional interest and RE taxes.

No jon I am honestly not that cold hearted of a person to do that to her and really dont want to mix family with business, so if I could her with that I would not charge her for a name.But I was wondering in general when dealing with other ppl in the same situation.

If I can mortage 100%, 14% interest, and still cash flow, using 50% rule, im fine with it. when i started I didnt have money to carry properties for 1 month unrented, guess what, i worked harder, faster, and made it work. kinda wish now a days i had no reserves, although my reserve fund is TINY compared to most, I think if I had NONE I would be at one of my empty recently vandalized properties right now replacing sheetrock as oppose to being on BP!

there rent is going to be late, well you'r required to charge them the late fee, its not your rules, its your job. you dont get the money and it doesnt effect you at all, they almost seem to think your more on there side if you live in the multi unit and are not the ownerHundreds of small situations, and your tenants are more likley to tell you stuff IMO if they think you are not the owner.

Normally, you could say that the bulk buyers could suck up more properties but the problem is they can't get them online faster than the army of individual investors out there could.

There WILL be policy change coming on housing for owners who have held there own, good payer relief, it is so politically charged that it is a certainty now.If you can hold it a-ok, I would strongly urge you to wait for the relief policy that will be coming soon, then take advantage of it.

Still, you want to maximize this percentage and so we can pretty much completely throw out and ignore anything we can't charge at least 1% of the price, so the second one which would cash flow like 50$ is gone.The first one depending on your goals is at least feasible, as Jon said it would probably cash flow 200+ a month on average with a cash return of 7-10% depending on if you did the management.