I'm a simple, small-town island girl originally from Hawaii living in a much more complicated, fast-paced world in San Diego, California.

It will be perfect for you because it will be as complicated as you need it to be, and no more.

I also divide this number by my Initial Cash Investment and then annualize to find my annualized % return over the period.Example (Assuming a 1-Year Holding Period): End of Period Property Value = ARV * (1 + expected inflation)o508,768.75 = 501,250 * 1.015Total Period Cumulative Cash Flowo926.27End of Period Loan Balanceo433,873.55Initial Cash Investmento39,750$10,663.03 = 508,768.75 * 0.95 + 926.27 – 433,873.55 – 39,75026.75% = 10,663.03 / 39,750Things get a bit more complicated once you move past a 1-Year holding period, and I’ve used certain assumptions to get to these figures.

Insurance is very complicated, and you should take the time to understand all the minimum requirements you need to operate a vacation rental. 

I see a lot of places have variable maintenance fees for condos which seem to range between 250 and 900 per month which complicates things.

Although I believe that DC is now a judicial foreclosure jurisdiction, it looks like HUD can foreclose non-judicially and preempt state law.I've done a decent amount of due diligence on the property, but given the high stakes I'm very interested in talking with a more seasoned investor with experience in this type of purchase.

The buyer assumes all prior mortgages and judicial judgments.

@Lisa Beene things are as complicated as you make them.

@Tyler JahnkeIt's a complicated topic.

Taxes are complicated!)