I will return to school in a few weeks (I'm from Wilmington, Delaware), and will want to hit the ground running.What would be the first few things I should focus on?

I've already built my own .xlsx for crunching numbers (CAP, CCR, NOI, Returns, Mortgage, expenses, etc...) to evaluate a property.If it helps in your feedback, my short term targets are going to be 4-plexes in need of minor rehab or already occupied.I have my painter, HVAC, and Buyers Agent lined up.

This is from memory, and current rules have probably changed.

You might be surprised at how much help communities like that just might give you in return for you helping to keep their community full.

Not sure if the returns will be enough to make you happy, but you'll likely get cash flow positive, even with leverage.It's also possible that these deals are typical in your area.

I live in Georgia I am not sure this issue is covered in the hand book I figured I would float it hereI had a unit for rent in the first week of july say july 2, man came and said he wanted it immediately he had a good job drove a nice car was well put together. he had income verification statements He made a partial deposit of 300 no paper work just a receipt he was supposed to move in on the 15th of july on the 15th he came with another 200 which was the rest of the deposit but he said he didnt want to move in until augustthis didnt make me happy and as he stated there was nothing in writing forcing him to a july 15th move in datenow he states he doesent want to move in at all and wants his deposit back.I basically held this apartment for 30 days and now he does not want it,there was no written agreement but the rental application does stateThe following deposits are required: - security deposit of the first month's rent of 550.00 payable upon move inThe deposit will be returned to the Applicant if the Premises are not rented to the Applicant.

What parts of NH do you find yield a good return of investment and attract good tenants?

Initial cash on cash returns here are lower than say the Midwest, but I like my deals and feel good about the two neighborhoods continuing to gentrify and there is quite a bit of value I can add here as well, which I have started to do.

If my marketing is marginally successful, and I get a 3% response rate, that's about 12 call-backs, and if 1 out of 10 of those responses is a deal at my minimum profit, then that's a 900 percent return on my investment so far.

Hey Michael yeah those look pretty bad, but there's good news you've WAY over conservatively estimated which is why everything looks so dismal.You include PITI as a line item expense, but then you add in your 50% rule total (10% management 40% expenses), the 50% accounts for the TI(tax and insurance) portion because that is not really debt service so that is probably a good 10-12% extra you've added to the expenses.Also you calculated your CCR which I assume is your cash on cash return.