But, I couldn't produce it when I needed it.I was so happy to get some help that I forgot all of the rules I have learned on BP.Don

You have a lot of money tied up in an asset that's not producing much return.

Over the last 4.5 years I have acquired 28 income-producing rental units.

Obviously, not many on this site are good with 4% this deal produces at 1.3m.

This show may not be seen nationally but Desperate Landscape is produced in my area, they featured my daughters yard.

Based on the 2% rule, that would put your max offer price at $46k and that would be ONLY if it was CURRENTLY producing $225 monthly per site.The seller is way off on her expectations of value.

I set up the spreadsheet how I wanted it to look, and gave her some directions on where to get the information, and she was able to produce all the data for me from several different sites.

It will produce roughly $100 in monthly cash flow assuming 100% financing on a property that rents for $500 a month.

Travis,Congrats for attempting to be innovative.

You can safely assume the taxes and insurance will be higher on 4 single families vs one 4 family - well at least in NJ that is true.Another great thing is with a 4 fam. for example if you have an apt. go vacant for a month or two that is only 25% of your rental income vs a single family that is 100% or say a 2 family one vacancy would be 50% of your income produced from the property.