I calculate your first year interest (20% down, 8% loan, 30 year amortization) at $82,886.

This is not always a bad thing as the extra income from late fees has helped us, but when combined with the junk in the yards, it is becoming a very difficult situation to know what to do except to evict them.

Do you experienced investors just rehab enough to make it habitable, or do you go an extra step or two?

How do I calculate "cash-on-cash"?

By my calculations, if you financed about $75K at 30 yr/6%, your payment would be about $450, leaving you about $100/month.

Are there any mortgages out there that will give me 100% of the purchase price - or even better some extra cash to make the repairs and rent it out?

I have Allstate and when I was paying $39.00 a month, I was willing to pay a little extra for good service, but I believe $45.00 is way too high for a 60 to 80K home.Opinions and recommendations on other companies?

Need is the only reason I am pulling even a penny extra out nevertheless.

The 2% rule would tell you it would need to be priced at $240,000 to make money.Making one unit accessible might not be that much extra, unless you're talking elevators or that sort of thing.No numbers were attached.

So I guess my question is, what would you think is a better route to take: drop price and try to sell without a realtor, or obtain a realtor but not be able to lower my price as much due to the extra fees I'd incurr?