What kind of cash flow can you generate on selling a $125K property and buying rentals?

Good rentals don't actually generate passive losses.

Its like row unit with individual entrances.Is it ok to go ahead with closing without going to Rochester to chk out the house?

(that's about how much a septic tank costs - so one larger system might be in the ballpark of the sum of individuals- huge assumption) So, that would be about $100,000.Water meters vary by county, but I've seen them for as low as 2500 up to 8500.

I was thinking that the income line for the property would be generated from the following:INCOME1.

I do not take any risky financial decision if it will effect my family's home, but it is an individual preference.

I designed the site to look good on a smart phone (at least I think it does lol)I always link my blogs to my facebook page to try and generate some traffic, sense of awareness and expert branding.

Im mostly just interested in building equity from mortgage pay down over the long term.I already have a team in place that does the accounting and repairs on my current houses, so I am prepared to manage more, and I think it's in my best interest to stretch my existing staff more.If some houses dont break even, I have cash reserves to cover it.Since I rent the rooms out individually, not the whole house, its more management work, but less risk.

And make it very clear to them that they're all individually responsible for the entire amount and that you will not accept partial rent payments.

Individuals usually own Class C properties, which as of this writing (July 2008) can be bought at cap rates of 10%.